Commercial Real Estate Market in Red Hill, PA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
20 active listings and 69 off-market properties in Red Hill, PA. Commercial property asks $351/SF to buy and $12.50/SF/Yr to lease.
Market Trends
Red Hill, PA spans 19.2 square miles in Montgomery County, Pennsylvania. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Red Hill, 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 Red Hill, 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 Red Hill, 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 Red Hill, PA asks $202/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
Market overview
Demographics & Economy
Red Hill, PA has 13,896 residents in 5,593 households. Density runs 722 people per square mile. Median household income here is $103,462 and median gross rent $1,326 a month.
13,896
Population
5,593
Households
2.5
Avg Household Size
40
Median Age
30%
College-Educated
95%
High-School Grad
19.2 sq mi
ZIP Area
722
Density / Sq Mi
$103,462
Median Household Income
$50,635
Median Earnings
$1,326
Median Rent
$323,973
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Pennsburg | — | — |
| East Greenville | — | — |
| Green Lane | — | — |
| Sumneytown | — | — |
Commercial property in Red Hill, PA asks $351/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Red Hill?
Commercial property in Red Hill, PA asks an average of $351 per square foot. The 4 most recent recorded sales traded at a median of $61/SF, so asking sits 478% above the achieved median. Multifamily carries the highest asking price at $202/SF.
How much does it cost to lease commercial space in Red Hill?
Asking lease rates in Red Hill, PA average $12.50 per square foot per year.
Where does Realmo's Red Hill market data come from?
Realmo compiles Red Hill, PA figures from 4 recent recorded sales, 6 active sale listings, 14 active lease listings, 69 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 6 active for-sale and 14 active for-lease listings in Red Hill, 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
