Commercial Real Estate Market in Essex, MD
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
28 active listings and 362 off-market properties in Essex, MD.
Market Trends
Essex, MD spans 15.0 square miles in Baltimore County, Maryland. Figures below refresh monthly; last updated 31 October 2026.
Office
Office vacancy in Essex, 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 Essex, MD runs 5.4% across the South region in 2025, down from 7% in 2020.
Industrial
Industrial vacancy in Essex, 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 Essex, MD runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Market overview
Demographics & Economy
Essex, MD has 43,381 residents in 18,364 households. Density runs 2,886 people per square mile. Median household income here is $67,368 and median gross rent $1,305 a month.
Tools
Nearby Markets
| Market | Median Asking Price, $/SF | Median Asking Rent, $/SF/Yr |
|---|---|---|
| Dundalk | $167 | $17.00 |
| Nottingham | $207 | $13.33 |
Commercial property in Essex, MD asks $177/SF. The 2 bordering markets run from $167/SF in Dundalk to $207/SF in Nottingham, and the city sits below their $187/SF median.
Frequently Asked Questions
What is the median price per square foot for commercial property in Essex?
How does Essex compare to nearby markets on price?
Where does Realmo's Essex market data come from?
Methodology & data sources
- Asking prices and medians
- There are 11 active for-sale and 17 active for-lease listings in Essex, MD. The sale median is based on 3 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.
- 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
