Commercial Real Estate Market in Smethport, PA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
10 active listings and 153 off-market properties in Smethport, PA.
Market Trends
Smethport, PA spans 185.7 square miles in McKean County, Pennsylvania. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Smethport, 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 Smethport, 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 Smethport, 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 Smethport, 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
- Agricultural 59.9%
- Residential 27.1%
- Commercial 12.9%
Largest Zones share of zoned land by district
Agricultural And Conservation
Residential
Commercial Residential
Market overview
Demographics & Economy
Smethport, PA has 3,852 residents in 2,150 households. Density runs 21 people per square mile. Median household income here is $70,114 and median gross rent $782 a month.
3,852
Population
2,150
Households
1.8
Avg Household Size
48
Median Age
21%
College-Educated
95%
High-School Grad
185.7 sq mi
ZIP Area
21
Density / Sq Mi
$70,114
Median Household Income
$42,545
Median Earnings
$782
Median Rent
$115,000
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Ormsby | — | — |
| East Smethport | — | — |
| Gifford | — | — |
| Hazel Hurst | — | — |
Frequently Asked Questions
Where does Realmo's Smethport market data come from?
Realmo compiles Smethport, PA figures from 6 recent recorded sales, 10 active sale listings, 153 tracked off-market properties, the current Smethport zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 10 active for-sale and 0 active for-lease listings in Smethport, 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: 1,118 zoned acres across 3 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
