Commercial Real Estate Market in Cumberland, MD
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
90 active listings and 2,032 off-market properties in Cumberland, MD.
Market Trends
Cumberland, MD spans 92.1 square miles in Allegany County, Maryland. Figures below refresh monthly; last updated 31 October 2026.
Office
Office vacancy in Cumberland, MD runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Retail
Retail vacancy in Cumberland, MD runs 5.4% across the South region in 2025, down from 7% in 2020.
Industrial
Industrial vacancy in Cumberland, 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
Across Allegany County, multifamily space asks $67/SF to buy. Multifamily vacancy in Cumberland, MD runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 46.8%
- Commercial 14.1%
- Civic 12.2%
- Mixed use 11%
- Open space 9.7%
- Industrial 6.3%
Largest Zones share of zoned land by district
Cumberland, MD zones 6,575 acres across 12 districts. Commercial zoning covers 14.1% of zoned land, residential 46.8%, open space 9.7% and industrial 6.3%. The largest single district is Urban Residential at 36.3%. For commercial buyers the practical constraint is that only 20.4% of land carries a commercial or industrial designation.
R-U, R-O, G-C, and G-I districts. Through approval of a Floating Zone Application for a property within one of these districts, such uses may be allowed if in conformance with the performance standards in Section 6.14.04, except that the following uses shall not be allowed in the RR zone: (1) Heavy manufacturing. (2) Incinerators. (3) Bulk plants. (4) Bars a…
Market overview
Demographics & Economy
Cumberland, 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.
Tools
Frequently Asked Questions
What is the median price per square foot for commercial property in Cumberland?
What zoning applies to commercial property in Cumberland?
Where does Realmo's Cumberland market data come from?
Methodology & data sources
- Asking prices and medians
- There are 79 active for-sale and 11 active for-lease listings in Cumberland, MD. The sale median is based on 47 of the for-sale listings that state a price per square foot; too few for-lease listings state a rent per square foot for a rent median. 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.
- Zoning and land use
- The current municipal zoning release: 6,575 zoned acres across 12 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 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
