Commercial Real Estate Market in Oakmont, PA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
5 active listings and 178 off-market properties in Oakmont, PA.
Market Trends
Oakmont, PA spans 1.9 square miles in Allegheny County, Pennsylvania. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Oakmont, 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 Oakmont, 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 Oakmont, 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 Oakmont, 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 74.7%
- Mixed use 13%
- Commercial 6.8%
- Industrial 5.5%
Largest Zones share of zoned land by district
Residential District
Residential District
Residential District
Commercial District
Mixed Use District
Oakmont, PA zones 1,014 acres across 8 districts. Commercial zoning covers 6.8% of zoned land, residential 74.7% and industrial 5.5%. The largest single district is Residential District at 30.6%. For commercial buyers the practical constraint is that only 12.2% of land carries a commercial or industrial designation.
Residential District (R-1)
The purpose of this zone is to allow low density residential development consisting of single family homes with supporting accessory uses in a suburban or rural setting.
Market overview
Demographics & Economy
Oakmont, PA has 6,764 residents in 3,606 households. Density runs 3,518 people per square mile. Median household income here is $89,055 and median gross rent $1,125 a month.
6,764
Population
3,606
Households
1.9
Avg Household Size
49
Median Age
57%
College-Educated
99%
High-School Grad
1.9 sq mi
ZIP Area
3,518
Density / Sq Mi
$89,055
Median Household Income
$68,039
Median Earnings
$1,125
Median Rent
$317,700
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Verona | — | — |
| Penn Hills | — | — |
| Fox Chapel | — | — |
| Blawnox | — | — |
Frequently Asked Questions
What zoning applies to commercial property in Oakmont?
Oakmont, PA zones 1,014 acres across 8 districts, of which 6.8% is commercial and 5.5% industrial. The largest single district is Residential District at 30.6% of zoned land. The purpose of this zone is to allow low density residential development consisting of single family homes with supporting accessory uses in a suburban or rural setting. Residential zoning covers 74.7% and open space 0%.
Where does Realmo's Oakmont market data come from?
Realmo compiles Oakmont, PA figures from 4 recent recorded sales, 1 active sale listings, 4 active lease listings, 178 tracked off-market properties, the current Oakmont zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 1 active for-sale and 4 active for-lease listings in Oakmont, 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: 1,014 zoned acres across 8 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
