Commercial Real Estate Market in Frostburg, MD
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
22 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 October 2026.
Office
Office vacancy in Frostburg, MD runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Retail
Retail vacancy in Frostburg, MD runs 5.4% across the South region in 2025, down from 7% in 2020.
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%.
Multifamily
Across Allegany County, multifamily space asks $67/SF to buy. Multifamily vacancy in Frostburg, MD runs 11.3% across the South region in 2025, up from 8.5% in 2022.
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
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.
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.
Tools
Frequently Asked Questions
What is the median price per square foot for commercial property in Frostburg?
What zoning applies to commercial property in Frostburg?
Where does Realmo's Frostburg market data come from?
Methodology & data sources
- Asking prices and medians
- There are 19 active for-sale and 3 active for-lease listings in Frostburg, MD. The sale median is based on 12 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.
- 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 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
