Commercial Real Estate Market in Scranton, PA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
316 active listings and 804 off-market properties in Scranton, PA. Commercial property asks $102/SF to buy and $14.04/SF/Yr to lease.
Market Trends
Scranton, PA spans 62.6 square miles in Lackawanna County, Pennsylvania. Figures below refresh monthly; last updated 31 October 2026.
Office
Across Lackawanna County, office space asks $113/SF to buy. Office vacancy in Scranton, PA runs 19.9% across the Northeast region in 2025, up from 13.1% in 2019.
Retail
Across Lackawanna County, retail space asks $113/SF to buy. Retail vacancy in Scranton, PA runs 6% across the Northeast region in 2025, little changed from 6% in 2019. Down from a 2020 peak of 7.1%.
Industrial
Industrial vacancy in Scranton, 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%.
Multifamily
Across Lackawanna County, multifamily space asks $113/SF to buy. Multifamily vacancy in Scranton, PA runs 5.6% across the Northeast region in 2025, up from 4% in 2022.
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 46.1%
- Open space 25.3%
- Civic 12.9%
- Industrial 11.1%
- Mixed use 4.5%
- Commercial 0.2%
Largest Zones share of zoned land by district
Scranton, PA zones 16,373 acres across 15 districts. Commercial zoning covers 0.2% of zoned land, residential 46.1%, open space 25.3% and industrial 11.1%. The largest single district is Conservation at 22%. For commercial buyers the practical constraint is that only 11.3% of land carries a commercial or industrial designation.
R-8 - Town Single Family Residential District. To accommodate medium-density neighborhoods of single-family attached and detached dwellings, typically on local streets and with private driveways. (c) R-9 - Town Mixed Residential. To allow for neighborhoods of a medium-to-high density consisting of single-family dwellings and apartments on small-to-medium lot…
Market overview
Demographics & Economy
Scranton, PA has 119,334 residents in 55,743 households. Density runs 1,906 people per square mile. Median household income here is $56,036 and median gross rent $991 a month.
Tools
Nearby Markets
| Market | Median Asking Price, $/SF | Median Asking Rent, $/SF/Yr |
|---|---|---|
| Blakely | $106 (county avg) | — |
| Olyphant | $105 | — |
| Mayfield | $72 | — |
Commercial property in Scranton, PA asks $102/SF. The 3 bordering markets run from $72/SF in Mayfield to $106/SF in Blakely (county figure), and the city sits below their $105/SF median.
Frequently Asked Questions
What is the median price per square foot for commercial property in Scranton?
How much does it cost to lease commercial space in Scranton?
How does Scranton compare to nearby markets on price?
What zoning applies to commercial property in Scranton?
Where does Realmo's Scranton market data come from?
Methodology & data sources
- Asking prices and medians
- There are 261 active for-sale and 55 active for-lease listings in Scranton, PA. The medians are based on 177 of the for-sale and 27 of the for-lease listings, those that state a price or rent per square foot. These are ASKING figures from live listings, not closed-transaction prices, and a figure resting on fewer than 10 listings says so where it is quoted.
- 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: 16,373 zoned acres across 15 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 October 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 October 2026 · How Realmo checks market page data · Report a data issue
