Commercial Real Estate Market in Shavertown, PA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
259 active listings and 2,927 off-market properties in Shavertown, PA. Commercial property asks $76/SF to buy and $14.06/SF/Yr to lease.
Market Trends
Shavertown, PA spans 16.0 square miles in Luzerne County, Pennsylvania. Figures below refresh monthly; last updated 30 September 2026.
Office
Office space in Shavertown, PA asks $72/SF to buy. Vacancy runs 19.9% across the Northeast region in 2025, up from 13.1% in 2019.
Average Sale Price $/SF
Listings
Vacancy Rate % in Northeast region
Retail
Retail space in Shavertown, PA asks $92/SF to buy. Vacancy runs 6% across the Northeast region in 2025, little changed from 6% in 2019. Down from a 2020 peak of 7.1%.
Average Sale Price $/SF
Listings
Vacancy Rate % in Northeast region
Industrial
Industrial vacancy in Shavertown, 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 Shavertown, PA asks $105/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
Shavertown, PA has 8,988 residents in 4,174 households. Density runs 562 people per square mile. Median household income here is $95,480 and median gross rent $1,085 a month.
8,988
Population
4,174
Households
2.2
Avg Household Size
48
Median Age
50%
College-Educated
98%
High-School Grad
16 sq mi
ZIP Area
562
Density / Sq Mi
$95,480
Median Household Income
$55,118
Median Earnings
$1,085
Median Rent
$246,900
Median Home Value
Tools
Nearby Markets
Commercial property in Shavertown, PA asks $76/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Shavertown?
Commercial property in Shavertown, PA asks an average of $76 per square foot. Multifamily carries the highest asking price at $105/SF.
How much does it cost to lease commercial space in Shavertown?
Asking lease rates in Shavertown, PA average $14.06 per square foot per year.
Where does Realmo's Shavertown market data come from?
Realmo compiles Shavertown, PA figures from 7 recent recorded sales, 197 active sale listings, 62 active lease listings, 2,927 tracked off-market properties. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 197 active for-sale and 62 active for-lease listings in Shavertown, 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 30 September 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 30 September 2026 · report a data issue
