Commercial Real Estate Market in Wilkes Barre, PA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
162 active listings and 2,927 off-market properties in Wilkes Barre, PA. Commercial property asks $91/SF to buy and $12.00/SF/Yr to lease.
Market Trends
Wilkes Barre, PA spans 187.7 square miles in Luzerne County, Pennsylvania. Figures below refresh monthly; last updated 31 October 2026.
Office
Across Luzerne County, office space asks $70/SF to buy. Office vacancy in Wilkes Barre, PA runs 19.9% across the Northeast region in 2025, up from 13.1% in 2019.
Retail
Across Luzerne County, retail space asks $93/SF to buy. Retail vacancy in Wilkes Barre, 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 Wilkes Barre, 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
Across Luzerne County, multifamily space asks $93/SF to buy. Multifamily vacancy in Wilkes Barre, PA runs 5.6% across the Northeast region in 2025, up from 4% in 2022.
Market overview
Demographics & Economy
Wilkes Barre, PA has 136,908 residents in 63,101 households. Density runs 729 people per square mile. Median household income here is $65,198 and median gross rent $943 a month.
Tools
Nearby Markets
| Market | Median Asking Price, $/SF | Median Asking Rent, $/SF/Yr |
|---|---|---|
| Kingston | $124 | — |
| Edwardsville | $75 | — |
| Plymouth | $76 | — |
Commercial property in Wilkes Barre, PA asks $91/SF. The 3 bordering markets run from $75/SF in Edwardsville to $124/SF in Kingston, and the city sits above their $76/SF median.
Frequently Asked Questions
What is the median price per square foot for commercial property in Wilkes Barre?
How much does it cost to lease commercial space in Wilkes Barre?
How does Wilkes Barre compare to nearby markets on price?
Where does Realmo's Wilkes Barre market data come from?
Methodology & data sources
- Asking prices and medians
- There are 108 active for-sale and 54 active for-lease listings in Wilkes Barre, PA. The medians are based on 58 of the for-sale and 16 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
