Commercial Real Estate Market in Friendship, MD
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
1 active listing and 9 off-market properties in Friendship, MD.
Market Trends
Friendship, MD spans 4.9 square miles in Anne Arundel County, Maryland. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Friendship, 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 Friendship, MD runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Friendship, 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 Friendship, 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
Friendship, MD has 741 residents in 228 households. Density runs 153 people per square mile.
741
Population
228
Households
3.3
Avg Household Size
47
Median Age
40%
College-Educated
95%
High-School Grad
4.9 sq mi
ZIP Area
153
Density / Sq Mi
$0
Median Household Income
$103,750
Median Earnings
$0
Median Rent
$604,400
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Owings | — | — |
| Dunkirk | — | — |
| Tracys Landing | — | — |
| Fairhaven | — | — |
Methodology & data sources
- Asking prices and averages
- Computed from 0 active for-sale and 1 active for-lease listings in Friendship, 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
