Commercial Real Estate Market in Somerset, PA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
48 active listings and 806 off-market properties in Somerset, PA.
Market Trends
Somerset, PA spans 132.2 square miles in Somerset County, Pennsylvania. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Somerset, PA runs 19.9% across the Northeast region in 2025, up from 13.1% in 2019.
Retail
Retail vacancy in Somerset, 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 Somerset, 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
Multifamily vacancy in Somerset, 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 41.2%
- Industrial 38.4%
- Commercial 19.3%
- Civic 1%
Largest Zones share of zoned land by district
Somerset, PA zones 1,748 acres across 9 districts. Commercial zoning covers 19.3% of zoned land, residential 41.2% and industrial 38.4%. The largest single district is Two Family Residential at 32.7%. For commercial buyers the practical constraint is that only 57.7% of land carries a commercial or industrial designation.
Somerset Borough Inspections Department > ZONING - R-2 Two-Family Residential District HOME INSPECTIONS PERMITS ZONING SUBDIVISION LINKS CONTACT ZONING ORDINANCE Introduction - Table of Contents Title and Applicability Purpose Districts and District Maps General Provisions District Regulations - Setbacks General Sign Regulations Uptown Sign District Off-stre…
Market overview
Demographics & Economy
Somerset, PA has 18,597 residents in 7,656 households. Density runs 141 people per square mile. Median household income here is $55,797 and median gross rent $731 a month.
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Listie | — | — |
| Hidden Valley | — | — |
| Friedens | — | — |
| Quecreek | — | — |
Commercial property in Somerset, PA asks $54/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Somerset?
What zoning applies to commercial property in Somerset?
Where does Realmo's Somerset market data come from?
Methodology & data sources
- Asking prices and averages
- Computed from 40 active for-sale and 8 active for-lease listings in Somerset, 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: 1,748 zoned acres across 9 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