Commercial Real Estate Market in Park, PA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
15 active listings and 267 off-market properties in Park, PA. Commercial property asks $77/SF to buy and $6.50/SF/Yr to lease.
Market Trends
Park, PA spans 26.3 square miles in Allegheny County, Pennsylvania. Figures below refresh monthly; last updated 30 September 2026.
Office
Office vacancy in Park, 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 Park, 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 Park, 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 Park, PA runs 5.6% across the Northeast region in 2025, up from 4% in 2022.
Vacancy Rate % in Northeast region
Market overview
Demographics & Economy
Park, PA has 8,754 residents in 4,485 households. Density runs 332 people per square mile. Median household income here is $55,907 and median gross rent $807 a month.
8,754
Population
4,485
Households
2
Avg Household Size
44
Median Age
15%
College-Educated
93%
High-School Grad
26.3 sq mi
ZIP Area
332
Density / Sq Mi
$55,907
Median Household Income
$36,315
Median Earnings
$807
Median Rent
$113,100
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Vandergrift | — | — |
| Apollo | — | — |
Commercial property in Park, PA asks $77/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Park?
Commercial property in Park, PA asks an average of $77 per square foot.
How much does it cost to lease commercial space in Park?
Asking lease rates in Park, PA average $6.50 per square foot per year.
Where does Realmo's Park market data come from?
Realmo compiles Park, PA figures from 3 recent recorded sales, 14 active sale listings, 1 active lease listings, 267 tracked off-market properties. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 14 active for-sale and 1 active for-lease listings in Park, 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 30 September 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 30 September 2026 · report a data issue
