Commercial Real Estate Market in Dundalk, MD
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
44 active listings and 605 off-market properties in Dundalk, MD. Commercial property asks $167/SF to buy (based on 9 listings) and $17.00/SF/Yr to lease (based on 3 listings).
Market Trends
Dundalk, MD spans 11.5 square miles in Baltimore County, Maryland. Figures below refresh monthly; last updated 31 October 2026.
Office
Office vacancy in Dundalk, MD runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Retail
Across Baltimore County, retail space asks $181/SF to buy. Retail vacancy in Dundalk, MD runs 5.4% across the South region in 2025, down from 7% in 2020.
Industrial
Industrial vacancy in Dundalk, 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 Baltimore County, multifamily space asks $147/SF to buy. Multifamily vacancy in Dundalk, MD runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Market overview
Demographics & Economy
Dundalk, MD has 59,062 residents in 24,054 households. Density runs 5,134 people per square mile. Median household income here is $61,934 and median gross rent $1,390 a month.
Tools
Nearby Markets
| Market | Median Asking Price, $/SF | Median Asking Rent, $/SF/Yr |
|---|---|---|
| Baltimore | $148 | $19.00 |
| Nottingham | $207 | $13.33 |
Commercial property in Dundalk, MD asks $167/SF. The 2 bordering markets run from $148/SF in Baltimore to $207/SF in Nottingham, and the city sits below their $177/SF median.
Frequently Asked Questions
What is the median price per square foot for commercial property in Dundalk?
How much does it cost to lease commercial space in Dundalk?
How does Dundalk compare to nearby markets on price?
Where does Realmo's Dundalk market data come from?
Methodology & data sources
- Asking prices and medians
- There are 21 active for-sale and 23 active for-lease listings in Dundalk, MD. The medians are based on 9 of the for-sale and 3 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
