Commercial Real Estate Market in Newville, PA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
10 active listings and 215 off-market properties in Newville, PA.
Market Trends
Newville, PA spans 111.7 square miles in Cumberland County, Pennsylvania. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Newville, 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 Newville, 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 Newville, 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 Newville, PA runs 5.6% across the Northeast region in 2025, up from 4% in 2022.
Vacancy Rate % in Northeast region
Market overview
Demographics & Economy
Newville, PA has 11,878 residents in 4,636 households. Density runs 106 people per square mile. Median household income here is $75,371 and median gross rent $978 a month.
11,878
Population
4,636
Households
2.6
Avg Household Size
44
Median Age
17%
College-Educated
87%
High-School Grad
111.7 sq mi
ZIP Area
106
Density / Sq Mi
$75,371
Median Household Income
$40,520
Median Earnings
$978
Median Rent
$208,400
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| North Newton | — | — |
| Manor | — | — |
| Plainfield | — | — |
| Walnut Bottom | — | — |
Commercial property in Newville, PA asks $265/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Newville?
Commercial property in Newville, PA asks an average of $265 per square foot. The 4 most recent recorded sales traded at a median of $115/SF, so asking sits 130% above the achieved median.
Where does Realmo's Newville market data come from?
Realmo compiles Newville, PA figures from 8 recent recorded sales, 9 active sale listings, 1 active lease listings, 215 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 9 active for-sale and 1 active for-lease listings in Newville, 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
