Holyoke, MA
Commercial Real Estate Market Trends & Data

Holyoke's Demographic Profile

Holyoke has 15,480 households and a median income of $45,670, providing context for rent absorption and tenant demand across retail and multifamily assets. A -1% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 38,171
# Households 15,480
Median age 39
Median household income $45,670
Avg household size 2.0
Renter-occupied housing units 9,403
5-year population change -1%

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↻ Updated Monthly

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Nearby Industrial Markets Avg Cost/SF Typical Size Cap Max
Holyoke $123 27,295 SF 6.73%
Chicopee $127 35,260 SF 6.73%
Easthampton $154 28,501 SF 6.73%
Nearby Retail Markets Avg Cost/SF Typical Size
Holyoke $136 10,203 SF
South Hadley $114 14,401 SF
Chicopee $123 11,830 SF
Easthampton $118 12,963 SF
West Springfield $129 10,393 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Holyoke $138 48,456 SF 10.00%
South Hadley $159 5,670 SF 10.00%
Chicopee $112 6,436 SF 8.39%
Easthampton $94 69,467 SF 10.00%
West Springfield $95 82,433 SF 13.30%

Commercial Properties For Sale in Holyoke

The listings below reflect how current market pricing and building scale translate into active opportunities available today.
For Sale

141 Main St

Northampton, MA 01060

  • 5,600 SF Retail Building
  • $350,000
For Sale

Unity Press

Holyoke, MA 01040

  • 12,740 SF Flex Building
  • $750,000
For Sale

288 Root Road, Westfield, MA

Westfield, MA 01085

  • 19.60 AC Lot
  • 1 Residential Income Lot
  • $500,000
For Sale

33 Grattan St

Chicopee, MA 01020

  • 2,345 SF Retail Building
  • $600,000
For Sale

901 Southampton Rd

Westfield, MA 01085

  • 4,179 SF Industrial Building
  • $590,000
For Sale

541 Front St

Chicopee, MA 01013

  • 6,436 SF Multifamily
  • 8.39% Cap Rate
  • $720,000

Average Price For Sale

↻ Updated Monthly

Average Price For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

Nearby Commercial Markets

Comparing nearby markets helps investors see whether Holyoke pricing and building scale sit above, below, or in line with surrounding areas.

Commercial Markets Avg Cost/SF Average Size
Holyoke $153 21,098 SF
South Hadley $132 25,279 SF
Chicopee $170 21,010 SF
Southampton $129 29,175 SF
Easthampton $106 26,741 SF

Multifamily Properties For Sale in Holyoke

For Sale

79 King St

Northampton, MA 01060

  • 133,263 SF Multifamily
  • $3,900,000

Regional Demographic Comparison

This comparison places Holyoke alongside nearby cities to show how population size, household counts, and income levels differ across the region. Viewing these markets side by side helps investors understand whether local demand and income characteristics are concentrated in Holyoke or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Holyoke 38,171 15,480 39 $45,670 2 9,403 -1%
South Hadley 16,504 6,274 40 $86,933 2 1,597 -18%
Chicopee 53,673 23,279 41 $58,192 2 10,051 -2%
Southampton 5,599 2,210 48 $112,666 3 294 -20%
Easthampton 13,944 6,462 46 $67,262 2 2,585 -22%

Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Holyoke, MA and update as inventory changes. Averages can shift between periods or vary across property types depending on the mix of listings available at a given time, so individual metrics may not reflect broader market trends. These figures are best used as directional benchmarks for early market evaluation. For comprehensive commercial real estate data and analytics, subscribe to CoStar.

FAQs About Commercial Investing in Holyoke

View All Commercial Real Estate For Sale in Holyoke
Is Holyoke a good market for a first-time commercial real estate investor?

Holyoke offers commercial properties across a wide range of sizes and price points. By reviewing the market data and benchmarks on this page, first-time investors can better understand what a typical commercial property looks like before committing capital and narrowing in on specific listings.

How can this market data help me decide whether to buy commercial property for my business in Holyoke?

The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Holyoke. Typical building sizes and asking prices provide a starting point for evaluating space needs, budget fit, and long term occupancy costs before engaging lenders or brokers.

What should conservative investors focus on when evaluating commercial properties in Holyoke?

Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for Holyoke. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.

How does Holyoke compare to nearby commercial real estate markets?

Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Holyoke. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.

How can this page support early-stage deal screening for Holyoke acquisitions?

This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Holyoke, which are useful for initial market filtering. Institutional and data-driven investors often use these signals to prioritize listings that meet size, pricing, and return thresholds before deeper underwriting.