Commercial Real Estate Market in Newell, PA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
Market Trends
Newell, PA spans 0.3 square miles in Fayette County, Pennsylvania. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Newell, 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 Newell, 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 Newell, 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 Newell, PA runs 5.6% across the Northeast region in 2025, up from 4% in 2022.
Vacancy Rate % in Northeast region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 83.5%
- Industrial 13.9%
- Commercial 2.6%
Largest Zones share of zoned land by district
Moderate Density Residential District
Heavy Industrial
Agricultural Rural District
Light Industrial
Business Commercial
Newell, PA zones 372 acres across 5 districts. Commercial zoning covers 2.6% of zoned land, residential 83.5% and industrial 13.9%. The largest single district is Moderate Density Residential District at 75.9%. For commercial buyers the practical constraint is that only 16.5% of land carries a commercial or industrial designation.
Moderate Density Residential District (R-1)
The purpose of this zoning district is to provide bed and breakfast, home occupation, type 1, single family detached dwelling, airport traffic control facilities, beauty or barber shop, essential services
Market overview
Demographics & Economy
Newell, PA has 374 residents in 213 households. Density runs 1,412 people per square mile. Median household income here is $48,500.
374
Population
213
Households
1.8
Avg Household Size
41
Median Age
18%
College-Educated
88%
High-School Grad
0.3 sq mi
ZIP Area
1,412
Density / Sq Mi
$48,500
Median Household Income
$34,821
Median Earnings
$0
Median Rent
$74,600
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Coal Center | — | — |
| California | — | — |
| Elco | — | — |
| Roscoe | — | — |
Frequently Asked Questions
What zoning applies to commercial property in Newell?
Newell, PA zones 372 acres across 5 districts, of which 2.6% is commercial and 13.9% industrial. The largest single district is Moderate Density Residential District at 75.9% of zoned land. The purpose of this zoning district is to provide bed and breakfast, home occupation, type 1, single family detached dwelling, airport traffic control facilities, beauty or barber shop, essential services Residential zoning covers 83.5% and open space 0%.
Methodology & data sources
- 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.
- Zoning and land use
- The current municipal zoning release: 372 zoned acres across 5 districts. Shares are of zoned land, so parcels the release leaves unclassified are excluded from the mix.
- 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
