Commercial Real Estate Market in Thorndale, PA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
56 active listings and 620 off-market properties in Thorndale, PA. Commercial property asks $188/SF to buy and $17.67/SF/Yr to lease.
Market Trends
Thorndale, PA spans 0.9 square miles in Chester County, Pennsylvania. Figures below refresh monthly; last updated 30 September 2026.
Office
Office vacancy in Thorndale, 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 Thorndale, 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 Thorndale, 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 Thorndale, PA asks $193/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
Thorndale, PA has 2,348 residents in 879 households. Density runs 2,511 people per square mile. Median household income here is $120,172 and median gross rent $2,061 a month.
2,348
Population
879
Households
2.7
Avg Household Size
40
Median Age
43%
College-Educated
97%
High-School Grad
0.9 sq mi
ZIP Area
2,511
Density / Sq Mi
$120,172
Median Household Income
$58,292
Median Earnings
$2,061
Median Rent
$292,900
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Downingtown | — | $17.67 |
| Coatesville | — | $12.83 |
| Glenmoore | — | $18.70 |
Commercial property in Thorndale, PA asks $188/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Thorndale?
Commercial property in Thorndale, PA asks an average of $188 per square foot. The 5 most recent recorded sales traded at a median of $138/SF, so asking sits 37% above the achieved median. Multifamily carries the highest asking price at $193/SF.
How much does it cost to lease commercial space in Thorndale?
Asking lease rates in Thorndale, PA average $17.67 per square foot per year.
Where does Realmo's Thorndale market data come from?
Realmo compiles Thorndale, PA figures from 6 recent recorded sales, 35 active sale listings, 21 active lease listings, 620 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 35 active for-sale and 21 active for-lease listings in Thorndale, 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 · How Realmo checks market page data · Report a data issue
