Commercial Real Estate Market in Cresaptown, MD
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
5 active listings and 171 off-market properties in Cresaptown, MD.
Market Trends
Cresaptown, MD spans 92.1 square miles in Allegany County, Maryland. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Cresaptown, 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 Cresaptown, MD runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Cresaptown, 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 space in Cresaptown, MD asks $75/SF to buy. Vacancy runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Average Sale Price $/SF
Listings
Vacancy Rate % in South region
Market overview
Demographics & Economy
Cresaptown, MD has 41,153 residents in 19,562 households. Density runs 447 people per square mile. Median household income here is $58,721 and median gross rent $771 a month.
41,153
Population
19,562
Households
2.1
Avg Household Size
44
Median Age
20%
College-Educated
89%
High-School Grad
92.1 sq mi
ZIP Area
447
Density / Sq Mi
$58,721
Median Household Income
$39,507
Median Earnings
$771
Median Rent
$151,400
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Short Gap | — | — |
| Carpendale | — | — |
| Wiley Ford | — | — |
| Ridgeley | — | — |
Commercial property in Cresaptown, MD asks $877/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Cresaptown?
Commercial property in Cresaptown, MD asks an average of $877 per square foot. The 4 most recent recorded sales traded at a median of $69/SF, so asking sits 1177% above the achieved median. Multifamily carries the highest asking price at $75/SF.
Where does Realmo's Cresaptown market data come from?
Realmo compiles Cresaptown, MD figures from 6 recent recorded sales, 5 active sale listings, 171 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 5 active for-sale and 0 active for-lease listings in Cresaptown, 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, 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
