Commercial Real Estate Market in Northampton, PA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
34 active listings and 324 off-market properties in Northampton, PA. Commercial property asks $237/SF to buy and $16.17/SF/Yr to lease.
Market Trends
Northampton, PA spans 25.5 square miles in Northampton County, Pennsylvania. Figures below refresh monthly; last updated 31 August 2026.
Office
Office space in Northampton, PA asks $84/SF to buy. Vacancy runs 19.9% across the Northeast region in 2025, up from 13.1% in 2019.
Average Sale Price $/SF
Listings
Vacancy Rate % in Northeast region
Retail
Retail space in Northampton, PA asks $126/SF to buy. Vacancy runs 6% across the Northeast region in 2025, little changed from 6% in 2019. Down from a 2020 peak of 7.1%.
Average Sale Price $/SF
Listings
Vacancy Rate % in Northeast region
Industrial
Industrial vacancy in Northampton, 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 Northampton, PA asks $138/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
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 60.6%
- Industrial 21.2%
- Open space 11.2%
- Mixed use 4.8%
- Commercial 2.2%
Largest Zones share of zoned land by district
Residential
Industrial
Residential
Residential
Conservancy District
Northampton, PA zones 1,681 acres across 9 districts. Commercial zoning covers 2.2% of zoned land, residential 60.6%, open space 11.2% and industrial 21.2%. The largest single district is Residential at 31.9%. For commercial buyers the practical constraint is that only 23.4% of land carries a commercial or industrial designation.
Residential (R-1)
R-1 Residential District. To establish and preserve the lowest-density residential areas in the Borough for quiet single-family home neighborhoods free from incompatible activities which would generate distractive sights, sounds, traffic or which would in any way compromise the privacy and serenity of the living environment for the individual residential lot…
Market overview
Demographics & Economy
Northampton, PA has 19,800 residents in 8,678 households. Density runs 776 people per square mile. Median household income here is $89,965 and median gross rent $1,244 a month.
19,800
Population
8,678
Households
2.3
Avg Household Size
44
Median Age
27%
College-Educated
95%
High-School Grad
25.5 sq mi
ZIP Area
776
Density / Sq Mi
$89,965
Median Household Income
$53,669
Median Earnings
$1,244
Median Rent
$265,400
Median Home Value
Tools
Lease vs Buy Breakeven
At $16.17/SF/Yr lease vs $237/SF buy → buying wins if held > 3.4 years.
At a 6.8% gross asking yield the payback reads short relative to leasing. Assumes 30% down at 6.5% fixed, 2% a year in taxes and upkeep, 3% appreciation, 5% opportunity cost, 2% closing plus 5% selling costs, and a 3% annual rent escalator.
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Coplay | — | — |
| Whitehall | — | $17.91 |
| Catasauqua | — | — |
| Laurys Station | — | — |
Commercial property in Northampton, PA asks $237/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Northampton?
Commercial property in Northampton, PA asks an average of $237 per square foot. The 5 most recent recorded sales traded at a median of $87/SF, so asking sits 172% above the achieved median. Multifamily carries the highest asking price at $138/SF.
How much does it cost to lease commercial space in Northampton?
Asking lease rates in Northampton, PA average $16.17 per square foot per year.
Is it cheaper to lease or buy commercial space in Northampton?
Buying beats leasing in Northampton, PA if the property is held longer than 3.4 years, comparing $16.17/SF/Yr asking rent with $237/SF asking price. The model assumes 30% down at 6.5% fixed, 2% of value per year in taxes and upkeep, 3% appreciation, 5% opportunity cost on the cash and a 3% annual rent escalator.
What zoning applies to commercial property in Northampton?
Northampton, PA zones 1,681 acres across 9 districts, of which 2.2% is commercial and 21.2% industrial. The largest single district is Residential at 31.9% of zoned land. R-1 Residential District. To establish and preserve the lowest-density residential areas in the Borough for quiet single-family home neighborhoods free from incompatible activities which would generate distractive sights, sounds, traffic or which would in any way compromise the privacy and serenity of the living environment for the individual residential lot… Residential zoning covers 60.6% and open space 11.2%.
Where does Realmo's Northampton market data come from?
Realmo compiles Northampton, PA figures from 5 recent recorded sales, 16 active sale listings, 18 active lease listings, 324 tracked off-market properties, the current Northampton zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 16 active for-sale and 18 active for-lease listings in Northampton, 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: 1,681 zoned acres across 9 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, 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
