Commercial Real Estate Market in Nicholson, PA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
8 active listings and 124 off-market properties in Nicholson, PA.
Market Trends
Nicholson, PA spans 58.6 square miles in Susquehanna County, Pennsylvania. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Nicholson, 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 Nicholson, 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 Nicholson, 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 Nicholson, PA asks $115/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
Nicholson, PA has 3,767 residents in 1,893 households. Density runs 64 people per square mile. Median household income here is $66,426 and median gross rent $832 a month.
3,767
Population
1,893
Households
2
Avg Household Size
46
Median Age
18%
College-Educated
91%
High-School Grad
58.6 sq mi
ZIP Area
64
Density / Sq Mi
$66,426
Median Household Income
$34,134
Median Earnings
$832
Median Rent
$209,647
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Fleetville | $107 (county avg) | — |
| Greenfield Township | $107 (county avg) | — |
| Clifford Township | $107 (county avg) | — |
| La Plume | $107 (county avg) | — |
Commercial property in Nicholson, PA asks $33/SF. The 4 bordering markets run from $107/SF in Fleetville to $107/SF in Fleetville, and the city sits below their $107/SF median.
Frequently Asked Questions
What is the average price per square foot for commercial property in Nicholson?
Commercial property in Nicholson, PA asks an average of $33 per square foot. Multifamily carries the highest asking price at $115/SF.
How does Nicholson compare to nearby markets on price?
Nicholson, PA asks $33/SF against $107/SF in Fleetville, $107/SF in Greenfield Township, $107/SF in Clifford Township and $107/SF in La Plume.
Where does Realmo's Nicholson market data come from?
Realmo compiles Nicholson, PA figures from 2 recent recorded sales, 8 active sale listings, 124 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 8 active for-sale and 0 active for-lease listings in Nicholson, 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
