Commercial Real Estate Market in Frostburg, MD
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
62 active listings and 339 off-market properties in Frostburg, MD.
Market Trends
Frostburg, MD spans 74.1 square miles in Allegany County, Maryland. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Frostburg, 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 Frostburg, MD runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Frostburg, 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 space in Frostburg, MD asks $75/SF to buy. Vacancy runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Average Sale Price $/SF
Listings
Vacancy Rate % in South region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 47.2%
- Commercial 28.6%
- Mixed use 11.6%
- Industrial 9.6%
- Civic 2.9%
Largest Zones share of zoned land by district
Single Family Residential
Neighborhood Residential
Gateway Residential
Residential Office
Technology Light Industrial
Frostburg, MD zones 1,941 acres across 11 districts. Commercial zoning covers 28.6% of zoned land, residential 47.2% and industrial 9.6%. The largest single district is Single Family Residential at 22.4%. For commercial buyers the practical constraint is that only 38.3% of land carries a commercial or industrial designation.
Single Family Residential (R1)
This district is intended to provide single household residential uses of low density and to protect those existing areas where custom and usage have established this pattern.
Market overview
Demographics & Economy
Frostburg, MD has 13,328 residents in 6,044 households. Density runs 180 people per square mile. Median household income here is $60,158 and median gross rent $839 a month.
13,328
Population
6,044
Households
2.2
Avg Household Size
39
Median Age
33%
College-Educated
93%
High-School Grad
74.1 sq mi
ZIP Area
180
Density / Sq Mi
$60,158
Median Household Income
$33,054
Median Earnings
$839
Median Rent
$175,600
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Eckhart Mines | — | — |
| Midlothian | — | — |
| Mount Savage | — | — |
| Midland | — | — |
Commercial property in Frostburg, MD asks $156/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Frostburg?
Commercial property in Frostburg, MD asks an average of $156 per square foot. The 6 most recent recorded sales traded at a median of $110/SF, so asking sits 41% above the achieved median. Multifamily carries the highest asking price at $75/SF.
What zoning applies to commercial property in Frostburg?
Frostburg, MD zones 1,941 acres across 11 districts, of which 28.6% is commercial and 9.6% industrial. The largest single district is Single Family Residential at 22.4% of zoned land. This district is intended to provide single household residential uses of low density and to protect those existing areas where custom and usage have established this pattern. Residential zoning covers 47.2% and open space 0%.
Where does Realmo's Frostburg market data come from?
Realmo compiles Frostburg, MD figures from 7 recent recorded sales, 59 active sale listings, 3 active lease listings, 339 tracked off-market properties, the current Frostburg zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 59 active for-sale and 3 active for-lease listings in Frostburg, 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.
- Zoning and land use
- The current municipal zoning release: 1,941 zoned acres across 11 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 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
