Commercial Real Estate Market in Wayne, PA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
74 active listings and 619 off-market properties in Wayne, PA. Commercial property asks $199/SF to buy and $35.90/SF/Yr to lease.
Market Trends
Wayne, PA spans 15.6 square miles in Delaware County, Pennsylvania. Figures below refresh monthly; last updated 31 August 2026.
Office
Office space in Wayne, PA asks $168/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 Wayne, PA asks $188/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 Wayne, 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 Wayne, PA asks $195/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
Wayne, PA has 33,501 residents in 12,829 households. Density runs 2,145 people per square mile. Median household income here is $165,451 and median gross rent $2,130 a month.
33,501
Population
12,829
Households
2.6
Avg Household Size
40
Median Age
78%
College-Educated
97%
High-School Grad
15.6 sq mi
ZIP Area
2,145
Density / Sq Mi
$165,451
Median Household Income
$71,234
Median Earnings
$2,130
Median Rent
$693,200
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Ithan | $199 (county avg) | — |
| Newtown Square | $199 (county avg) | $22.17 |
| Marple Township | $199 (county avg) | — |
Commercial property in Wayne, PA asks $199/SF. The 3 bordering markets run from $199/SF in Ithan to $199/SF in Ithan, and the city sits in line with their $199/SF median.
Frequently Asked Questions
What is the average price per square foot for commercial property in Wayne?
Commercial property in Wayne, PA asks an average of $199 per square foot. The 3 most recent recorded sales traded at a median of $258/SF. Multifamily carries the highest asking price at $195/SF.
How much does it cost to lease commercial space in Wayne?
Asking lease rates in Wayne, PA average $35.90 per square foot per year.
How does Wayne compare to nearby markets on price?
Wayne, PA asks $199/SF against $199/SF in Ithan, $199/SF in Newtown Square and $199/SF in Marple Township.
Where does Realmo's Wayne market data come from?
Realmo compiles Wayne, PA figures from 7 recent recorded sales, 21 active sale listings, 53 active lease listings, 619 tracked off-market properties. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 21 active for-sale and 53 active for-lease listings in Wayne, 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.
- Price per square foot
- The county-level $/SF blends closed sales aggregated over the trailing months of available data, not a single day's snapshot — it can differ from any one month's own median.
- 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 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
