Commercial Real Estate Market in Berkeley Springs, WV
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
60 active listings and 445 off-market properties in Berkeley Springs, WV. Commercial property asks $419/SF to buy and $7.58/SF/Yr to lease.
Market Trends
Berkeley Springs, WV spans 139.7 square miles in Morgan County, West Virginia. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Berkeley Springs, WV runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Vacancy Rate % in South region
Retail
Retail vacancy in Berkeley Springs, WV runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Berkeley Springs, WV runs 7.9% across the South region in 2025, up from 6% in 2019. Nearly 2.3x the 2022 low of 3.5%.
Vacancy Rate % in South region
Multifamily
Multifamily vacancy in Berkeley Springs, WV runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Vacancy Rate % in South region
Market overview
Demographics & Economy
Berkeley Springs, WV has 12,367 residents in 6,195 households. Density runs 89 people per square mile. Median household income here is $64,070 and median gross rent $853 a month.
12,367
Population
6,195
Households
2
Avg Household Size
49
Median Age
21%
College-Educated
91%
High-School Grad
139.7 sq mi
ZIP Area
89
Density / Sq Mi
$64,070
Median Household Income
$43,024
Median Earnings
$853
Median Rent
$222,700
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Hancock | — | — |
| Little Orleans | — | — |
| Stoneybreak | — | — |
| Great Cacapon | — | — |
Commercial property in Berkeley Springs, WV asks $419/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Berkeley Springs?
Commercial property in Berkeley Springs, WV asks an average of $419 per square foot.
How much does it cost to lease commercial space in Berkeley Springs?
Asking lease rates in Berkeley Springs, WV average $7.58 per square foot per year.
Where does Realmo's Berkeley Springs market data come from?
Realmo compiles Berkeley Springs, WV figures from 3 recent recorded sales, 57 active sale listings, 3 active lease listings, 445 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 57 active for-sale and 3 active for-lease listings in Berkeley Springs, WV. 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 31 August 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at South region level, retail vacancy is reported at South region level and industrial vacancy is reported at South 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
