Commercial Real Estate Market in Charlestown, MD
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
2 active listings and 30 off-market properties in Charlestown, MD.
Market Trends
Charlestown, MD spans 0.7 square miles in Cecil County, Maryland. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Charlestown, 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 Charlestown, MD runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Charlestown, 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 Charlestown, 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 95.5%
- Commercial 4.6%
Largest Zones share of zoned land by district
Residential Low Density
Residential Medium Density
Residential High Density
Residential Shoreline Recreational
Commercial
Charlestown, MD zones 748 acres across 5 districts. Commercial zoning covers 4.6% of zoned land, residential 95.5%. The largest single district is Residential Low Density at 40.2%. For commercial buyers the practical constraint is that only 4.6% of land carries a commercial or industrial designation.
Market overview
Demographics & Economy
Charlestown, MD has 736 residents in 394 households. Density runs 1,007 people per square mile. Median household income here is $57,167 and median gross rent $1,490 a month.
736
Population
394
Households
1.9
Avg Household Size
44
Median Age
30%
College-Educated
93%
High-School Grad
0.7 sq mi
ZIP Area
1,007
Density / Sq Mi
$57,167
Median Household Income
$46,979
Median Earnings
$1,490
Median Rent
$300,600
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| North East | — | — |
| Perryville | — | — |
| Perry Point | — | — |
| Havre de Grace | — | — |
Frequently Asked Questions
What zoning applies to commercial property in Charlestown?
Charlestown, MD zones 748 acres across 5 districts, of which 4.6% is commercial and 0% industrial. The largest single district is Residential Low Density at 40.2% of zoned land. Residential zoning covers 95.5% and open space 0%.
Where does Realmo's Charlestown market data come from?
Realmo compiles Charlestown, MD figures from 2 active sale listings, 30 tracked off-market properties, the current Charlestown zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 2 active for-sale and 0 active for-lease listings in Charlestown, 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: 748 zoned acres across 5 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 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
