Commercial Real Estate Market in New Wilmington, PA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
4 active listings and 121 off-market properties in New Wilmington, PA.
Market Trends
New Wilmington, PA spans 43.8 square miles in Lawrence County, Pennsylvania. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in New Wilmington, 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 Wilmington, 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 Wilmington, 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 vacancy in New Wilmington, PA runs 5.6% across the Northeast region in 2025, up from 4% in 2022.
Vacancy Rate % in Northeast region
Market overview
Demographics & Economy
New Wilmington, PA has 6,613 residents in 2,099 households. Density runs 151 people per square mile. Median household income here is $78,750 and median gross rent $797 a month.
6,613
Population
2,099
Households
3.2
Avg Household Size
32
Median Age
35%
College-Educated
85%
High-School Grad
43.8 sq mi
ZIP Area
151
Density / Sq Mi
$78,750
Median Household Income
$33,851
Median Earnings
$797
Median Rent
$214,100
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Volant | — | — |
| Pulaski | — | — |
| New Castle | — | — |
| West Middlesex | — | — |
Commercial property in New Wilmington, PA asks $448/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in New Wilmington?
Commercial property in New Wilmington, PA asks an average of $448 per square foot. The 5 most recent recorded sales traded at a median of $104/SF, so asking sits 330% above the achieved median.
Where does Realmo's New Wilmington market data come from?
Realmo compiles New Wilmington, PA figures from 8 recent recorded sales, 3 active sale listings, 1 active lease listings, 121 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 1 active for-lease listings in New Wilmington, 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
