Commercial Real Estate Market in New Freedom, PA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
6 active listings and 147 off-market properties in New Freedom, PA. Commercial property asks $179/SF to buy and $3.91/SF/Yr to lease.
Market Trends
New Freedom, PA spans 21.1 square miles in York County, Pennsylvania. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in New Freedom, PA runs 19.9% across the Northeast region in 2025, up from 13.1% in 2019.
Vacancy Rate % in Northeast region
Retail
Retail vacancy in New Freedom, PA runs 6% across the Northeast region in 2025, little changed from 6% in 2019. Down from a 2020 peak of 7.1%.
Vacancy Rate % in Northeast region
Industrial
Industrial vacancy in New Freedom, PA runs 7.6% across the Northeast region in 2025, up from 5.4% in 2019. Nearly 2.4x the 2021 low of 3.2%.
Vacancy Rate % in Northeast region
Multifamily
Multifamily space in New Freedom, PA asks $86/SF to buy. Vacancy runs 5.6% across the Northeast region in 2025, up from 4% in 2022.
Average Sale Price $/SF
Listings
Vacancy Rate % in Northeast region
Market overview
Demographics & Economy
New Freedom, PA has 8,084 residents in 2,976 households. Density runs 383 people per square mile. Median household income here is $111,401 and median gross rent $1,592 a month.
8,084
Population
2,976
Households
2.7
Avg Household Size
45
Median Age
42%
College-Educated
94%
High-School Grad
21.1 sq mi
ZIP Area
383
Density / Sq Mi
$111,401
Median Household Income
$58,893
Median Earnings
$1,592
Median Rent
$346,300
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Railroad | — | — |
| Shrewsbury | — | — |
| Maryland Line | — | — |
| Tolna | — | — |
Commercial property in New Freedom, PA asks $179/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in New Freedom?
Commercial property in New Freedom, PA asks an average of $179 per square foot. The 4 most recent recorded sales traded at a median of $133/SF, so asking sits 34% above the achieved median. Multifamily carries the highest asking price at $86/SF.
How much does it cost to lease commercial space in New Freedom?
Asking lease rates in New Freedom, PA average $3.91 per square foot per year.
Where does Realmo's New Freedom market data come from?
Realmo compiles New Freedom, PA figures from 7 recent recorded sales, 3 active sale listings, 3 active lease listings, 147 tracked off-market properties. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 3 active for-sale and 3 active for-lease listings in New Freedom, PA. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Refresh
- The monthly aggregates close at the end of the previous month, so 31 August 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at Northeast region level, retail vacancy is reported at Northeast region level and industrial vacancy is reported at Northeast region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 31 August 2026 · report a data issue
