Commercial Real Estate Market in Ellicott City, MD
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
100 active listings and 1,047 off-market properties in Ellicott City, MD. Commercial property asks $112/SF to buy and $26.44/SF/Yr to lease.
Market Trends
Ellicott City, MD spans 54.1 square miles in Howard County, Maryland. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Ellicott City, 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 Ellicott City, MD runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Ellicott City, 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 Ellicott City, MD runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Vacancy Rate % in South region
Market overview
Demographics & Economy
Ellicott City, MD has 91,922 residents in 33,247 households. Density runs 1,699 people per square mile. Median household income here is $164,685 and median gross rent $2,100 a month.
91,922
Population
33,247
Households
2.8
Avg Household Size
41
Median Age
69%
College-Educated
96%
High-School Grad
54.1 sq mi
ZIP Area
1,699
Density / Sq Mi
$164,685
Median Household Income
$85,326
Median Earnings
$2,100
Median Rent
$638,937
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Ellicott | — | — |
| Ilchester | — | — |
| Catonsville | — | — |
| Hanover | — | — |
Commercial property in Ellicott City, MD asks $112/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Ellicott City?
Commercial property in Ellicott City, MD asks an average of $112 per square foot. The 7 most recent recorded sales traded at a median of $192/SF.
How much does it cost to lease commercial space in Ellicott City?
Asking lease rates in Ellicott City, MD average $26.44 per square foot per year.
Where does Realmo's Ellicott City market data come from?
Realmo compiles Ellicott City, MD figures from 8 recent recorded sales, 57 active sale listings, 43 active lease listings, 1,047 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 57 active for-sale and 43 active for-lease listings in Ellicott City, 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 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
