Commercial Real Estate Market in Pittsburgh, PA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
1,242 active listings and 18,199 off-market properties in Pittsburgh, PA. Commercial property asks $72/SF to buy and $24.92/SF/Yr to lease. Office vacancy runs 17.3%, the loosest of the segments tracked here.
Market Trends
Pittsburgh, PA spans 220.5 square miles in Allegheny County, Pennsylvania. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Pittsburgh, PA runs 17.3% in 2025, up from 10.2% in 2019.
Vacancy Rate %
Retail
Retail vacancy in Pittsburgh, PA runs 6.4% in 2025, up from 5.1% in 2019. Nearly 1.5x the 2024 low of 4.4%.
Vacancy Rate %
Industrial
Industrial vacancy in Pittsburgh, PA runs 6.5% in 2025, little changed from 6.6% in 2019. Nearly 1.3x the 2022 low of 4.9%.
Vacancy Rate %
Multifamily
Multifamily vacancy in Pittsburgh, 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 43%
- Open space 20.2%
- Industrial 9.2%
- Mixed use 6.6%
- Planned_development 5.3%
- Commercial 5.2%
- Civic 2.4%
Largest Zones share of zoned land by district
Parks And Open Space
Single Unit Detached Residential Low Density
Hillside
Single Unit Detached Residential High Density
Single Unit Detached Residential Moderate Density
Pittsburgh, PA zones 37,449 acres across 56 districts. Commercial zoning covers 5.2% of zoned land, residential 43%, open space 20.2% and industrial 9.2%. The largest single district is Parks And Open Space at 20.2%. For commercial buyers the practical constraint is that only 14.3% of land carries a commercial or industrial designation.
Single Unit Detached Residential Low Density (R1D-L)
Map Designation. The zoning map designation for lands classified in the Low-Density Subdistrict shall be the letter "L", which shall follow the Use Subdistrict designation (e.g., R1D-L) 2. Site Development Standards. Sites in the Low-Density Subdistrict shall be developed in accordance with the following site development standards, provided that: (a) New dev…
Market overview
Demographics & Economy
Pittsburgh, PA has 715,631 residents in 355,514 households. Density runs 3,246 people per square mile. Median household income here is $77,884 and median gross rent $1,160 a month.
715,631
Population
355,514
Households
2
Avg Household Size
38
Median Age
48%
College-Educated
95%
High-School Grad
220.5 sq mi
ZIP Area
3,246
Density / Sq Mi
$77,884
Median Household Income
$49,251
Median Earnings
$1,160
Median Rent
$236,802
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Carnegie | — | $12.24 |
| Oakland | — | — |
| Bloomfield | — | — |
| Millvale | — | — |
Commercial property in Pittsburgh, PA asks $72/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Pittsburgh?
Commercial property in Pittsburgh, PA asks an average of $72 per square foot. The 5 most recent recorded sales traded at a median of $194/SF.
How much does it cost to lease commercial space in Pittsburgh?
Asking lease rates in Pittsburgh, PA average $24.92 per square foot per year.
What is the office vacancy rate in Pittsburgh?
Office vacancy in Pittsburgh, PA is 17.3% as of 2025, up from 10.2% in 2019. Retail vacancy is 6.4%, below Office vacancy.
Which property type has the lowest vacancy in Pittsburgh?
Retail has the lowest vacancy in Pittsburgh, PA at 6.4%, inside a 4.4–6.4% band since 2019. For comparison: office 17.3%, industrial 6.5% and multifamily 5.6% (Northeast).
What zoning applies to commercial property in Pittsburgh?
Pittsburgh, PA zones 37,449 acres across 56 districts, of which 5.2% is commercial and 9.2% industrial. The largest single district is Parks And Open Space at 20.2% of zoned land. Residential zoning covers 43% and open space 20.2%.
Where does Realmo's Pittsburgh market data come from?
Realmo compiles Pittsburgh, PA figures from 5 recent recorded sales, 709 active sale listings, 533 active lease listings, 18,199 tracked off-market properties, the current Pittsburgh zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 709 active for-sale and 533 active for-lease listings in Pittsburgh, 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: 37,449 zoned acres across 56 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
- multifamily 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
