Commercial Real Estate Market in Sharon, PA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
14 active listings and 432 off-market properties in Sharon, PA.
Market Trends
Sharon, PA spans 35.5 square miles in Mercer County, Pennsylvania. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Sharon, 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 Sharon, 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 Sharon, 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 Sharon, 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 69.1%
- Industrial 19.4%
- Commercial 7.5%
- Civic 4%
Largest Zones share of zoned land by district
Residential Low Density
Residential Medium Density District
Heavy Industrial District
Light Industrial District
Institutional
Sharon, PA zones 2,507 acres across 10 districts. Commercial zoning covers 7.5% of zoned land, residential 69.1% and industrial 19.4%. The largest single district is Residential Low Density at 43.9%. For commercial buyers the practical constraint is that only 26.9% of land carries a commercial or industrial designation.
Residential Low Density (R-1)
Residential Low Density “R-1” Residential Medium Density District “R-2” Residential High Density District “R-3” I n s t i t u t i o n a l “ I ” Central Commercial District “C-1” Central Commercial District Frame Area “C-1A” Local Business “C-2” Light Industrial District “M-1” Heavy Industrial District “M-2” Special Industrial District “M-3” Riverfront Overla…
Market overview
Demographics & Economy
Sharon, PA has 29,854 residents in 15,208 households. Density runs 841 people per square mile. Median household income here is $60,342 and median gross rent $829 a month.
29,854
Population
15,208
Households
2
Avg Household Size
46
Median Age
28%
College-Educated
92%
High-School Grad
35.5 sq mi
ZIP Area
841
Density / Sq Mi
$60,342
Median Household Income
$41,752
Median Earnings
$829
Median Rent
$138,714
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Hermitage | — | — |
| Farrell | — | — |
| Sharpsville | — | — |
| Masury | — | — |
Frequently Asked Questions
What zoning applies to commercial property in Sharon?
Sharon, PA zones 2,507 acres across 10 districts, of which 7.5% is commercial and 19.4% industrial. The largest single district is Residential Low Density at 43.9% of zoned land. Residential Low Density “R-1” Residential Medium Density District “R-2” Residential High Density District “R-3” I n s t i t u t i o n a l “ I ” Central Commercial District “C-1” Central Commercial District Frame Area “C-1A” Local Business “C-2” Light Industrial District “M-1” Heavy Industrial District “M-2” Special Industrial District “M-3” Riverfront Overla… Residential zoning covers 69.1% and open space 0%.
Where does Realmo's Sharon market data come from?
Realmo compiles Sharon, PA figures from 8 recent recorded sales, 13 active sale listings, 1 active lease listings, 432 tracked off-market properties, the current Sharon zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 13 active for-sale and 1 active for-lease listings in Sharon, 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: 2,507 zoned acres across 10 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
