Commercial Real Estate Market in Centreville, MD
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
12 active listings and 271 off-market properties in Centreville, MD.
Market Trends
Centreville, MD spans 108.5 square miles in Queen Anne's County, Maryland. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Centreville, 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 Centreville, MD runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Centreville, 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 Centreville, 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 78.8%
- Commercial 9.3%
- Industrial 9.1%
- Planned_development 2.7%
Largest Zones share of zoned land by district
Residential
Residential
Planned Business District
Residential
General Commercial
Centreville, MD zones 1,747 acres across 11 districts. Commercial zoning covers 9.3% of zoned land, residential 78.8% and industrial 9.1%. The largest single district is Residential at 40.3%. For commercial buyers the practical constraint is that only 18.4% of land carries a commercial or industrial designation.
Residential (R-1)
The regulations of the R-1 Zone are intended to provide for a pleasant, quiet, hazard free residential environment permitting residential and related uses, presently developed single family residential areas are included in this zone as well as land which will develop in this manner in the future
Market overview
Demographics & Economy
Centreville, MD has 10,719 residents in 4,218 households. Density runs 99 people per square mile. Median household income here is $117,668 and median gross rent $1,327 a month.
10,719
Population
4,218
Households
2.5
Avg Household Size
43
Median Age
40%
College-Educated
96%
High-School Grad
108.5 sq mi
ZIP Area
99
Density / Sq Mi
$117,668
Median Household Income
$53,289
Median Earnings
$1,327
Median Rent
$460,900
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Price | — | — |
| Church Hill | — | — |
| Ingleside | — | — |
| Queenstown | — | — |
Commercial property in Centreville, MD asks $697/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Centreville?
Commercial property in Centreville, MD asks an average of $697 per square foot. The 8 most recent recorded sales traded at a median of $243/SF, so asking sits 187% above the achieved median.
What zoning applies to commercial property in Centreville?
Centreville, MD zones 1,747 acres across 11 districts, of which 9.3% is commercial and 9.1% industrial. The largest single district is Residential at 40.3% of zoned land. The regulations of the R-1 Zone are intended to provide for a pleasant, quiet, hazard free residential environment permitting residential and related uses, presently developed single family residential areas are included in this zone as well as land which will develop in this manner in the future Residential zoning covers 78.8% and open space 0%.
Where does Realmo's Centreville market data come from?
Realmo compiles Centreville, MD figures from 8 recent recorded sales, 7 active sale listings, 5 active lease listings, 271 tracked off-market properties, the current Centreville zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 7 active for-sale and 5 active for-lease listings in Centreville, 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: 1,747 zoned acres across 11 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
