Commercial Real Estate Market in Exeter, RI
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
17 active listings and 168 off-market properties in Exeter, RI. Commercial property asks $313/SF to buy and $15.00/SF/Yr to lease.
Market Trends
Exeter, RI spans 54.4 square miles in Washington County, Rhode Island. Figures below refresh monthly; last updated 30 September 2026.
Office
Office vacancy in Exeter, RI runs 19.9% across the Northeast region in 2025, up from 13.1% in 2019.
Vacancy Rate % in Northeast region
Retail
Retail vacancy in Exeter, RI 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 Exeter, RI 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 vacancy in Exeter, RI runs 5.6% across the Northeast region in 2025, up from 4% in 2022.
Vacancy Rate % in Northeast region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 70.2%
- Open space 25.3%
- Planned_development 1.8%
- Commercial 1.6%
- Industrial 1.1%
Largest Zones share of zoned land by district
Rural District
Open Space And Public Land
Conservation And Recreation
Rural District
Residential District
Exeter, RI zones 37,378 acres across 9 districts. Commercial zoning covers 1.6% of zoned land, residential 70.2%, open space 25.3% and industrial 1.1%. The largest single district is Rural District at 36%. For commercial buyers the practical constraint is that only 2.7% of land carries a commercial or industrial designation.
Rural District (RU-4)
Sec. 7(a).9. - Eligibility. A. The farmland must have a minimum combined lot size of no less than 75 acres of contiguous land under common ownership; and B. The entirety of the farmland shall be located within the RU-3, RU-4 or CR-5 zoning district; and C. The farmland shall have access and egress and contain the minimum improved frontage on a town or state…
Market overview
Demographics & Economy
Exeter, RI has 5,960 residents in 2,084 households. Density runs 110 people per square mile. Median household income here is $87,185 and median gross rent $1,128 a month.
5,960
Population
2,084
Households
2.9
Avg Household Size
48
Median Age
42%
College-Educated
86%
High-School Grad
54.4 sq mi
ZIP Area
110
Density / Sq Mi
$87,185
Median Household Income
$38,404
Median Earnings
$1,128
Median Rent
$469,600
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| West Greenwich | — | $16.07 |
| Hopkinton | — | — |
| Richmond | — | — |
| Coventry | — | $11.50 |
Commercial property in Exeter, RI asks $313/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Exeter?
Commercial property in Exeter, RI asks an average of $313 per square foot. The 3 most recent recorded sales traded at a median of $160/SF, so asking sits 96% above the achieved median.
How much does it cost to lease commercial space in Exeter?
Asking lease rates in Exeter, RI average $15.00 per square foot per year.
What zoning applies to commercial property in Exeter?
Exeter, RI zones 37,378 acres across 9 districts, of which 1.6% is commercial and 1.1% industrial. The largest single district is Rural District at 36% of zoned land. Sec. 7(a).9. - Eligibility. A. The farmland must have a minimum combined lot size of no less than 75 acres of contiguous land under common ownership; and B. The entirety of the farmland shall be located within the RU-3, RU-4 or CR-5 zoning district; and C. The farmland shall have access and egress and contain the minimum improved frontage on a town or state… Residential zoning covers 70.2% and open space 25.3%.
Where does Realmo's Exeter market data come from?
Realmo compiles Exeter, RI figures from 5 recent recorded sales, 14 active sale listings, 3 active lease listings, 168 tracked off-market properties, the current Exeter zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 14 active for-sale and 3 active for-lease listings in Exeter, RI. 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.
- Zoning and land use
- The current municipal zoning release: 37,378 zoned acres across 9 districts. Shares are of zoned land, so parcels the release leaves unclassified are excluded from the mix.
- 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
