Commercial Real Estate Market in Shippenville, PA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
25 active listings and 231 off-market properties in Shippenville, PA. Commercial property asks $51/SF to buy and $14.00/SF/Yr to lease.
Market Trends
Shippenville, PA spans 47.2 square miles in Clarion County, Pennsylvania. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Shippenville, 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 Shippenville, 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 Shippenville, 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 Shippenville, PA asks $70/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
Shippenville, PA has 3,174 residents in 1,551 households. Density runs 67 people per square mile. Median household income here is $57,250 and median gross rent $933 a month.
3,174
Population
1,551
Households
2
Avg Household Size
47
Median Age
24%
College-Educated
91%
High-School Grad
47.2 sq mi
ZIP Area
67
Density / Sq Mi
$57,250
Median Household Income
$36,719
Median Earnings
$933
Median Rent
$155,200
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Marble | — | — |
| Knox | — | — |
| Kossuth | — | — |
| Lucinda | — | — |
Commercial property in Shippenville, PA asks $51/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Shippenville?
Commercial property in Shippenville, PA asks an average of $51 per square foot. Multifamily carries the highest asking price at $70/SF.
How much does it cost to lease commercial space in Shippenville?
Asking lease rates in Shippenville, PA average $14.00 per square foot per year.
Where does Realmo's Shippenville market data come from?
Realmo compiles Shippenville, PA figures from 5 recent recorded sales, 24 active sale listings, 1 active lease listings, 231 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 24 active for-sale and 1 active for-lease listings in Shippenville, 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 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
