Commercial Real Estate Market in Ridgway, PA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
1 active listing and 288 off-market properties in Ridgway, PA.
Market Trends
Ridgway, PA spans 150.4 square miles in Elk County, Pennsylvania. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Ridgway, 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 Ridgway, 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 Ridgway, 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 Ridgway, 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 47.9%
- Industrial 26.7%
- Open space 16.8%
- Commercial 8.6%
Largest Zones share of zoned land by district
Suburban Residential Low Density
Conservation And Open Space
Suburban Residential Low Density
Industrial
Commercial Residential Transitional District
Ridgway, PA zones 1,693 acres across 7 districts. Commercial zoning covers 8.6% of zoned land, residential 47.9%, open space 16.8% and industrial 26.7%. The largest single district is Suburban Residential Low Density at 43.3%. For commercial buyers the practical constraint is that only 35.3% of land carries a commercial or industrial designation.
Suburban Residential Low Density (R-2)
The purpose of this zone is to establish a district promoting medium density residential development with allowances for the establishment of supporting professional service activities If consistent with prevailing residential use.
Market overview
Demographics & Economy
Ridgway, PA has 6,457 residents in 3,430 households. Density runs 43 people per square mile. Median household income here is $60,380 and median gross rent $640 a month.
6,457
Population
3,430
Households
1.9
Avg Household Size
46
Median Age
21%
College-Educated
92%
High-School Grad
150.4 sq mi
ZIP Area
43
Density / Sq Mi
$60,380
Median Household Income
$37,343
Median Earnings
$640
Median Rent
$108,000
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Johnsonburg | — | — |
| Brandy Camp | — | — |
| Dagus Mines | — | — |
| Kersey | — | — |
Frequently Asked Questions
What zoning applies to commercial property in Ridgway?
Ridgway, PA zones 1,693 acres across 7 districts, of which 8.6% is commercial and 26.7% industrial. The largest single district is Suburban Residential Low Density at 43.3% of zoned land. The purpose of this zone is to establish a district promoting medium density residential development with allowances for the establishment of supporting professional service activities If consistent with prevailing residential use. Residential zoning covers 47.9% and open space 16.8%.
Where does Realmo's Ridgway market data come from?
Realmo compiles Ridgway, PA figures from 1 active sale listings, 288 tracked off-market properties, the current Ridgway 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 0 active for-lease listings in Ridgway, 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: 1,693 zoned acres across 7 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
