Commercial Real Estate Market in Bethesda, MD
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
165 active listings and 3,669 off-market properties in Bethesda, MD. Commercial property asks $179/SF to buy and $31.38/SF/Yr to lease.
Market Trends
Bethesda, MD spans 28.1 square miles in Montgomery County, Maryland. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Bethesda, 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 Bethesda, MD runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Bethesda, 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 Bethesda, MD runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Vacancy Rate % in South region
Market overview
Demographics & Economy
Bethesda, MD has 120,391 residents in 50,746 households. Density runs 4,287 people per square mile. Median household income here is $203,809 and median gross rent $2,675 a month.
120,391
Population
50,746
Households
2.4
Avg Household Size
44
Median Age
85%
College-Educated
98%
High-School Grad
28.1 sq mi
ZIP Area
4,287
Density / Sq Mi
$203,809
Median Household Income
$107,201
Median Earnings
$2,675
Median Rent
$1,124,704
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Somerset | — | — |
| Chevy Chase Village | — | — |
| Chevy Chase | — | — |
| North Chevy Chase | — | — |
Commercial property in Bethesda, MD asks $179/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Bethesda?
Commercial property in Bethesda, MD asks an average of $179 per square foot. The 8 most recent recorded sales traded at a median of $2,313/SF.
How much does it cost to lease commercial space in Bethesda?
Asking lease rates in Bethesda, MD average $31.38 per square foot per year.
Where does Realmo's Bethesda market data come from?
Realmo compiles Bethesda, MD figures from 8 recent recorded sales, 60 active sale listings, 105 active lease listings, 3,669 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 60 active for-sale and 105 active for-lease listings in Bethesda, 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.
- 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
