Commercial Real Estate Market in Tobyhanna, PA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
91 active listings and 809 off-market properties in Tobyhanna, PA. Commercial property asks $153/SF to buy and $7.75/SF/Yr to lease.
Market Trends
Tobyhanna, PA spans 35.0 square miles in Monroe County, Pennsylvania. Figures below refresh monthly; last updated 30 September 2026.
Office
Office space in Tobyhanna, PA asks $133/SF to buy. Vacancy runs 19.9% across the Northeast region in 2025, up from 13.1% in 2019.
Average Sale Price $/SF
Listings
Vacancy Rate % in Northeast region
Retail
Retail space in Tobyhanna, PA asks $152/SF to buy. Vacancy runs 6% across the Northeast region in 2025, little changed from 6% in 2019. Down from a 2020 peak of 7.1%.
Average Sale Price $/SF
Listings
Vacancy Rate % in Northeast region
Industrial
Industrial vacancy in Tobyhanna, 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 Tobyhanna, PA asks $158/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
Tobyhanna, PA has 17,000 residents in 7,892 households. Density runs 485 people per square mile. Median household income here is $77,508 and median gross rent $1,795 a month.
17,000
Population
7,892
Households
2.2
Avg Household Size
38
Median Age
24%
College-Educated
89%
High-School Grad
35 sq mi
ZIP Area
485
Density / Sq Mi
$77,508
Median Household Income
$35,396
Median Earnings
$1,795
Median Rent
$181,300
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Coolbaugh Township | — | $7.75 |
| Pocono Summit | — | $12.77 |
| Mount Pocono | — | $10.41 |
| Gouldsboro | — | $4.81 |
Commercial property in Tobyhanna, PA asks $153/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Tobyhanna?
Commercial property in Tobyhanna, PA asks an average of $153 per square foot. The 4 most recent recorded sales traded at a median of $102/SF, so asking sits 50% above the achieved median. Multifamily carries the highest asking price at $158/SF.
How much does it cost to lease commercial space in Tobyhanna?
Asking lease rates in Tobyhanna, PA average $7.75 per square foot per year.
Where does Realmo's Tobyhanna market data come from?
Realmo compiles Tobyhanna, PA figures from 7 recent recorded sales, 80 active sale listings, 11 active lease listings, 809 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 80 active for-sale and 11 active for-lease listings in Tobyhanna, 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
