Commercial Real Estate Market in Newport, PA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
10 active listings and 196 off-market properties in Newport, PA. Commercial property asks $75/SF to buy and $8.53/SF/Yr to lease.
Market Trends
Newport, PA spans 64.5 square miles in Perry County, Pennsylvania. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Newport, 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 Newport, 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 Newport, 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 Newport, 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 37.5%
- Open space 16.7%
- Commercial 16.7%
- Industrial 13.2%
Largest Zones share of zoned land by district
Residential Single Family
Conservation
Public And Semipublic
Manufacturing
Downtown Commercial
Newport, PA zones 193 acres across 7 districts. Commercial zoning covers 16.7% of zoned land, residential 37.5%, open space 16.7% and industrial 13.2%. The largest single district is Residential Single Family at 29.3%. For commercial buyers the practical constraint is that only 29.9% of land carries a commercial or industrial designation.
Residential Single Family (R-1)
Article VI. Residential District (R-1) ©2021 BOROUGH OF NEWPORT, PA § 250-23. Purpose. The Residential Single-Family District is comprised of those areas where single-family dwellings are predominant and includes certain undeveloped areas where similar development would be a logical extension. The purpose of this district is to stabilize and protect certain…
Market overview
Demographics & Economy
Newport, PA has 7,552 residents in 3,139 households. Density runs 117 people per square mile. Median household income here is $78,837 and median gross rent $777 a month.
7,552
Population
3,139
Households
2.4
Avg Household Size
43
Median Age
19%
College-Educated
91%
High-School Grad
64.5 sq mi
ZIP Area
117
Density / Sq Mi
$78,837
Median Household Income
$45,309
Median Earnings
$777
Median Rent
$212,400
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Wila | — | — |
| Millerstown | — | — |
| Duncannon | — | — |
| Thompsontown | — | — |
Commercial property in Newport, PA asks $75/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Newport?
Commercial property in Newport, PA asks an average of $75 per square foot. The 4 most recent recorded sales traded at a median of $136/SF.
How much does it cost to lease commercial space in Newport?
Asking lease rates in Newport, PA average $8.53 per square foot per year.
What zoning applies to commercial property in Newport?
Newport, PA zones 193 acres across 7 districts, of which 16.7% is commercial and 13.2% industrial. The largest single district is Residential Single Family at 29.3% of zoned land. Article VI. Residential District (R-1) ©2021 BOROUGH OF NEWPORT, PA § 250-23. Purpose. The Residential Single-Family District is comprised of those areas where single-family dwellings are predominant and includes certain undeveloped areas where similar development would be a logical extension. The purpose of this district is to stabilize and protect certain… Residential zoning covers 37.5% and open space 16.7%.
Where does Realmo's Newport market data come from?
Realmo compiles Newport, PA figures from 7 recent recorded sales, 8 active sale listings, 2 active lease listings, 196 tracked off-market properties, the current Newport zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 8 active for-sale and 2 active for-lease listings in Newport, 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.
- Zoning and land use
- The current municipal zoning release: 193 zoned acres across 7 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
