Commercial Real Estate Market in Laurel, DE
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
40 active listings and 283 off-market properties in Laurel, DE. Commercial property asks $173/SF to buy and $10.00/SF/Yr to lease.
Market Trends
Laurel, DE spans 100.4 square miles in Sussex County, Delaware. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Laurel, DE runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Vacancy Rate % in South region
Retail
Retail vacancy in Laurel, DE runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Laurel, DE 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 Laurel, DE runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Vacancy Rate % in South region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 72.5%
- Commercial 12%
- Industrial 2.5%
Largest Zones share of zoned land by district
Single Family Residential Use District
Single Family Residential Use District
Commercial And Business Use
Marine Resources Use District
General And Multifamily Residential Use District
Laurel, DE zones 1,030 acres across 7 districts. Commercial zoning covers 12% of zoned land, residential 72.5% and industrial 2.5%. The largest single district is Single Family Residential Use District at 51.4%. For commercial buyers the practical constraint is that only 14.5% of land carries a commercial or industrial designation.
Single Family Residential Use District (R-1)
Section 4.1 -- Single-Family Residential Use District (R-1) 4.1.1 Intent. The intent of the R -1 Single -Family Residential Use District is to delineate areas where predominantly single-family detached, low-density residential development has occurred or is desired and likely to occur in the future and to protect the integrity of these residential areas by e…
Market overview
Demographics & Economy
Laurel, DE has 16,327 residents in 6,556 households. Density runs 163 people per square mile. Median household income here is $59,085 and median gross rent $923 a month.
16,327
Population
6,556
Households
2.5
Avg Household Size
39
Median Age
16%
College-Educated
84%
High-School Grad
100.4 sq mi
ZIP Area
163
Density / Sq Mi
$59,085
Median Household Income
$36,131
Median Earnings
$923
Median Rent
$233,500
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Bethel | — | — |
| Blades | — | — |
| Seaford | — | $14.62 |
| Delmar | — | $11.03 |
Commercial property in Laurel, DE asks $173/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Laurel?
Commercial property in Laurel, DE asks an average of $173 per square foot.
How much does it cost to lease commercial space in Laurel?
Asking lease rates in Laurel, DE average $10.00 per square foot per year.
What zoning applies to commercial property in Laurel?
Laurel, DE zones 1,030 acres across 7 districts, of which 12% is commercial and 2.5% industrial. The largest single district is Single Family Residential Use District at 51.4% of zoned land. Section 4.1 -- Single-Family Residential Use District (R-1) 4.1.1 Intent. The intent of the R -1 Single -Family Residential Use District is to delineate areas where predominantly single-family detached, low-density residential development has occurred or is desired and likely to occur in the future and to protect the integrity of these residential areas by e… Residential zoning covers 72.5% and open space 0%.
Where does Realmo's Laurel market data come from?
Realmo compiles Laurel, DE figures from 5 recent recorded sales, 36 active sale listings, 4 active lease listings, 283 tracked off-market properties, the current Laurel zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 36 active for-sale and 4 active for-lease listings in Laurel, DE. 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: 1,030 zoned acres across 7 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 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
