Commercial Real Estate Market in Cambridge, MD
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
86 active listings and 734 off-market properties in Cambridge, MD. Commercial property asks $208/SF to buy and $13.02/SF/Yr to lease.
Market Trends
Cambridge, MD spans 153.7 square miles in Dorchester County, Maryland. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Cambridge, 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 Cambridge, MD runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Cambridge, 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 Cambridge, 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
- Civic 44.7%
- Residential 35.2%
- Commercial 7.3%
- Mixed use 6.1%
- Industrial 5.8%
- Open space 0.8%
Largest Zones share of zoned land by district
Resource Conservation
Residential
Institutional
General Commercial
Industrial
Resource Conservation (RC)
The Resource Conservation (RC) district is applied to areas of the city that have natural, scenic, recreational or other environmental and open space benefits to the community, district regulations are intended to protect naturally sensitive environmental and scenic areas, provide locations for the establishment of recreational, cultural, scientific, institu…
Market overview
Demographics & Economy
Cambridge, MD has 17,967 residents in 9,331 households. Density runs 117 people per square mile. Median household income here is $53,171 and median gross rent $965 a month.
17,967
Population
9,331
Households
1.9
Avg Household Size
44
Median Age
21%
College-Educated
87%
High-School Grad
153.7 sq mi
ZIP Area
117
Density / Sq Mi
$53,171
Median Household Income
$38,078
Median Earnings
$965
Median Rent
$279,700
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Church Creek | — | — |
| Trappe | — | — |
| East New Market | — | — |
| Linkwood | — | — |
Commercial property in Cambridge, MD asks $208/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Cambridge?
Commercial property in Cambridge, MD asks an average of $208 per square foot. The 6 most recent recorded sales traded at a median of $61/SF, so asking sits 240% above the achieved median.
How much does it cost to lease commercial space in Cambridge?
Asking lease rates in Cambridge, MD average $13.02 per square foot per year.
Where does Realmo's Cambridge market data come from?
Realmo compiles Cambridge, MD figures from 8 recent recorded sales, 69 active sale listings, 17 active lease listings, 734 tracked off-market properties, the current Cambridge zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 69 active for-sale and 17 active for-lease listings in Cambridge, 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: 6,201 zoned acres across 13 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, 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 31 August 2026 · report a data issue
