Commercial Real Estate Market in Columbia, MD
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
232 active listings and 1,659 off-market properties in Columbia, MD. Commercial property asks $225/SF to buy and $20.50/SF/Yr to lease.
Market Trends
Columbia, MD spans 29.4 square miles in Howard County, Maryland. Figures below refresh monthly; last updated 31 October 2026.
Office
Office vacancy in Columbia, MD runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Retail
Retail vacancy in Columbia, MD runs 5.4% across the South region in 2025, down from 7% in 2020.
Industrial
Industrial vacancy in Columbia, MD runs 7.9% across the South region in 2025, up from 6% in 2019. Nearly 2.3x the 2022 low of 3.5%.
Multifamily
Multifamily vacancy in Columbia, MD runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Market overview
Demographics & Economy
Columbia, MD has 99,628 residents in 41,963 households. Density runs 3,389 people per square mile. Median household income here is $125,741 and median gross rent $1,967 a month.
Tools
Nearby Markets
| Market | Median Asking Price, $/SF | Median Asking Rent, $/SF/Yr |
|---|---|---|
| Washington | $438 | $34.65 |
| Mount Rainier | $222 | $30.00 |
Commercial property in Columbia, MD asks $225/SF. The 2 bordering markets run from $222/SF in Mount Rainier to $438/SF in Washington, and the city sits below their $330/SF median.
Frequently Asked Questions
What is the median price per square foot for commercial property in Columbia?
How much does it cost to lease commercial space in Columbia?
How does Columbia compare to nearby markets on price?
Where does Realmo's Columbia market data come from?
Methodology & data sources
- Asking prices and medians
- There are 74 active for-sale and 158 active for-lease listings in Columbia, MD. The medians are based on 14 of the for-sale and 30 of the for-lease listings, those that state a price or rent per square foot. These are ASKING figures from live listings, not closed-transaction prices, and a figure resting on fewer than 10 listings says so where it is quoted.
- 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 October 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 October 2026 · How Realmo checks market page data · Report a data issue
