Commercial Real Estate Market in Newfoundland, PA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
63 active listings and 275 off-market properties in Newfoundland, PA.
Market Trends
Newfoundland, PA spans 32.8 square miles in Wayne County, Pennsylvania. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Newfoundland, 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 Newfoundland, 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 Newfoundland, 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 Newfoundland, PA asks $146/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
Newfoundland, PA has 2,260 residents in 1,346 households. Density runs 69 people per square mile. Median household income here is $50,625 and median gross rent $858 a month.
2,260
Population
1,346
Households
1.7
Avg Household Size
52
Median Age
20%
College-Educated
88%
High-School Grad
32.8 sq mi
ZIP Area
69
Density / Sq Mi
$50,625
Median Household Income
$41,165
Median Earnings
$858
Median Rent
$244,400
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Sterling | — | — |
| South Sterling | — | — |
| Greentown | — | — |
| Gouldsboro | — | $4.81 |
Commercial property in Newfoundland, PA asks $157/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Newfoundland?
Commercial property in Newfoundland, PA asks an average of $157 per square foot. Multifamily carries the highest asking price at $146/SF.
Where does Realmo's Newfoundland market data come from?
Realmo compiles Newfoundland, PA figures from 5 recent recorded sales, 63 active sale listings, 275 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 63 active for-sale and 0 active for-lease listings in Newfoundland, 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
