Commercial Real Estate Market in Laurel, DE
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
14 active listings and 283 off-market properties in Laurel, DE.
Market Trends
Laurel, DE spans 100.4 square miles in Sussex County, Delaware. Figures below refresh monthly; last updated 31 October 2026.
Office
Office vacancy in Laurel, DE runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Retail
Retail space in Laurel, DE has a median asking sale price of $57/SF (based on 4 listings). Vacancy runs 5.4% across the South region in 2025, down from 7% in 2020.
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%.
Multifamily
Multifamily vacancy in Laurel, DE runs 11.3% across the South region in 2025, up from 8.5% in 2022.
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
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.
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.
Tools
Nearby Markets
Commercial property in Laurel, DE asks $58/SF. That compares with $192/SF in Seaford.
Frequently Asked Questions
What is the median price per square foot for commercial property in Laurel?
How does Laurel compare to nearby markets on price?
What zoning applies to commercial property in Laurel?
Where does Realmo's Laurel market data come from?
Methodology & data sources
- Asking prices and medians
- There are 10 active for-sale and 4 active for-lease listings in Laurel, DE. The sale median is based on 5 of the for-sale listings that state a price per square foot; too few for-lease listings state a rent per square foot for a rent median. 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.
- 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 October 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 October 2026 · How Realmo checks market page data · Report a data issue
