Commercial Real Estate Market in Punxsutawney, PA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
23 active listings and 575 off-market properties in Punxsutawney, PA.
Market Trends
Punxsutawney, PA spans 160.0 square miles in Jefferson County, Pennsylvania. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Punxsutawney, 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 Punxsutawney, 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 Punxsutawney, 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 Punxsutawney, PA runs 5.6% across the Northeast region in 2025, up from 4% in 2022.
Vacancy Rate % in Northeast region
Market overview
Demographics & Economy
Punxsutawney, PA has 14,501 residents in 6,718 households. Density runs 91 people per square mile. Median household income here is $49,907 and median gross rent $823 a month.
14,501
Population
6,718
Households
2.2
Avg Household Size
43
Median Age
18%
College-Educated
91%
High-School Grad
160 sq mi
ZIP Area
91
Density / Sq Mi
$49,907
Median Household Income
$37,474
Median Earnings
$823
Median Rent
$125,700
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Walston | — | — |
| Frostburg | — | — |
| De Lancey | — | — |
| Anita | — | — |
Commercial property in Punxsutawney, PA asks $268/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Punxsutawney?
Commercial property in Punxsutawney, PA asks an average of $268 per square foot. The 5 most recent recorded sales traded at a median of $74/SF, so asking sits 263% above the achieved median.
Where does Realmo's Punxsutawney market data come from?
Realmo compiles Punxsutawney, PA figures from 7 recent recorded sales, 23 active sale listings, 575 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 23 active for-sale and 0 active for-lease listings in Punxsutawney, 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, 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
