Commercial Real Estate Market in New Hope, PA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
42 active listings and 343 off-market properties in New Hope, PA. Commercial property asks $1,737/SF to buy and $46.61/SF/Yr to lease.
Market Trends
New Hope, PA spans 40.9 square miles in Bucks County, Pennsylvania. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in New Hope, 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 Hope, 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 Hope, 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 Hope, PA asks $236/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 Hope, PA has 14,301 residents in 6,369 households. Density runs 350 people per square mile. Median household income here is $161,146 and median gross rent $2,005 a month.
14,301
Population
6,369
Households
2.2
Avg Household Size
54
Median Age
67%
College-Educated
97%
High-School Grad
40.9 sq mi
ZIP Area
350
Density / Sq Mi
$161,146
Median Household Income
$93,397
Median Earnings
$2,005
Median Rent
$701,700
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Lambertville | — | — |
| Solebury | — | — |
| Stockton | — | — |
| West Amwell | — | — |
Commercial property in New Hope, PA asks $1,737/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in New Hope?
Commercial property in New Hope, PA asks an average of $1,737 per square foot. The 7 most recent recorded sales traded at a median of $775/SF, so asking sits 124% above the achieved median. Multifamily carries the highest asking price at $236/SF.
How much does it cost to lease commercial space in New Hope?
Asking lease rates in New Hope, PA average $46.61 per square foot per year.
Where does Realmo's New Hope market data come from?
Realmo compiles New Hope, PA figures from 8 recent recorded sales, 34 active sale listings, 8 active lease listings, 343 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 34 active for-sale and 8 active for-lease listings in New Hope, 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, industrial vacancy is reported at Northeast region level and asking prices run materially above recent closed pricing.
- 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
