Commercial Real Estate Market in Thornhurst, PA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
183 active listings and 3,790 off-market properties in Thornhurst, PA. Commercial property asks $10/SF to buy and $4.81/SF/Yr to lease.
Market Trends
Thornhurst, PA spans 81.2 square miles in Wayne County, Pennsylvania. Figures below refresh monthly; last updated 30 September 2026.
Office
Office vacancy in Thornhurst, 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 Thornhurst, 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 Thornhurst, 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 Thornhurst, PA asks $155/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
Thornhurst, PA has 5,598 residents in 4,031 households. Density runs 69 people per square mile. Median household income here is $62,192 and median gross rent $994 a month.
5,598
Population
4,031
Households
1.4
Avg Household Size
49
Median Age
22%
College-Educated
93%
High-School Grad
81.2 sq mi
ZIP Area
69
Density / Sq Mi
$62,192
Median Household Income
$37,167
Median Earnings
$994
Median Rent
$191,800
Median Home Value
Tools
Frequently Asked Questions
What is the average price per square foot for commercial property in Thornhurst?
Commercial property in Thornhurst, PA asks an average of $10 per square foot. Multifamily carries the highest asking price at $155/SF.
How much does it cost to lease commercial space in Thornhurst?
Asking lease rates in Thornhurst, PA average $4.81 per square foot per year.
Where does Realmo's Thornhurst market data come from?
Realmo compiles Thornhurst, PA figures from 7 recent recorded sales, 180 active sale listings, 3 active lease listings, 3,790 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 180 active for-sale and 3 active for-lease listings in Thornhurst, 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 · report a data issue
