Commercial Real Estate Market in Squirrel Hill, PA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
1,017 active listings and 18,199 off-market properties in Squirrel Hill, PA. Commercial property asks $138/SF to buy and $25.88/SF/Yr to lease.
Market Trends
Squirrel Hill, PA spans 3.9 square miles in Allegheny County, Pennsylvania. Figures below refresh monthly; last updated 31 October 2026.
Office
Office space in Squirrel Hill, PA asks $22.10/SF/Yr to lease. Vacancy runs 19.9% across the Northeast region in 2025, up from 13.1% in 2019.
Retail
Retail vacancy in Squirrel Hill, 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 Squirrel Hill, 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 Squirrel Hill, PA runs 5.6% across the Northeast region in 2025, up from 4% in 2022.
Market overview
Demographics & Economy
Squirrel Hill, PA has 26,851 residents in 12,582 households. Density runs 6,941 people per square mile. Median household income here is $91,695 and median gross rent $1,412 a month.
Tools
Frequently Asked Questions
What is the median price per square foot for commercial property in Squirrel Hill?
How much does it cost to lease commercial space in Squirrel Hill?
Where does Realmo's Squirrel Hill market data come from?
Methodology & data sources
- Asking prices and medians
- There are 510 active for-sale and 507 active for-lease listings in Squirrel Hill, PA. The medians are based on 56 of the for-sale and 86 of the for-lease listings, those that state a price or rent per square foot. These are ASKING figures from live listings, not closed-transaction prices, and a figure resting on fewer than 10 listings says so where it is quoted.
- 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 October 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 October 2026 · How Realmo checks market page data · Report a data issue
