Commercial Real Estate Market in Berlin, MD
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
77 active listings and 524 off-market properties in Berlin, MD. Commercial property asks $671/SF to buy and $24.58/SF/Yr to lease.
Market Trends
Berlin, MD spans 101.5 square miles in Worcester County, Maryland. Figures below refresh monthly; last updated 30 September 2026.
Office
Office vacancy in Berlin, MD runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Vacancy Rate % in South region
Retail
Retail vacancy in Berlin, MD runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Berlin, MD 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 Berlin, MD 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 63.5%
- Industrial 12.5%
- Commercial 11.2%
- Planned_development 4.8%
Largest Zones share of zoned land by district
Residence District
Residence District
Shopping District
Industrial District
Town Center District
Berlin, MD zones 2,187 acres across 9 districts. Commercial zoning covers 11.2% of zoned land, residential 63.5% and industrial 12.5%. The largest single district is Residence District at 35%. For commercial buyers the practical constraint is that only 23.7% of land carries a commercial or industrial designation.
Residence District (R-1)
The purpose of this zoning district is to provide Single family dwellings
Market overview
Demographics & Economy
Berlin, MD has 23,907 residents in 15,439 households. Density runs 236 people per square mile. Median household income here is $91,293 and median gross rent $1,398 a month.
23,907
Population
15,439
Households
1.5
Avg Household Size
52
Median Age
36%
College-Educated
94%
High-School Grad
101.5 sq mi
ZIP Area
236
Density / Sq Mi
$91,293
Median Household Income
$49,929
Median Earnings
$1,398
Median Rent
$362,500
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Ocean Pines | — | — |
| Ocean City | — | $22.06 |
Commercial property in Berlin, MD asks $671/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Berlin?
Commercial property in Berlin, MD asks an average of $671 per square foot. The 3 most recent recorded sales traded at a median of $168/SF, so asking sits 300% above the achieved median.
How much does it cost to lease commercial space in Berlin?
Asking lease rates in Berlin, MD average $24.58 per square foot per year.
What zoning applies to commercial property in Berlin?
Berlin, MD zones 2,187 acres across 9 districts, of which 11.2% is commercial and 12.5% industrial. The largest single district is Residence District at 35% of zoned land. The purpose of this zoning district is to provide Single family dwellings Residential zoning covers 63.5% and open space 0%.
Where does Realmo's Berlin market data come from?
Realmo compiles Berlin, MD figures from 4 recent recorded sales, 61 active sale listings, 16 active lease listings, 524 tracked off-market properties, the current Berlin zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 61 active for-sale and 16 active for-lease listings in Berlin, MD. 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: 2,187 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 South region level, retail vacancy is reported at South region level, industrial vacancy is reported at South region level and asking prices run materially above recent closed pricing.
- 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
