Commercial Real Estate Market in Funkstown, MD
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
3 active listings and 32 off-market properties in Funkstown, MD.
Market Trends
Funkstown, MD spans 0.5 square miles in Washington County, Maryland. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Funkstown, 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 Funkstown, MD runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Funkstown, 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 Funkstown, MD asks $136/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
- Commercial 38.9%
- Residential 28.9%
Largest Zones share of zoned land by district
Unknown
Town Residential District
Suburban Residential District
Town Center District
Neighborhood Commercial District
Town Residential District (TR)
This district provides for somewhat higher densities than the Suburban Residential District, In the Town Residential District, centralized water and sewerage facilities exist, and future development of this type can safely proceed, The Town Residential District is intended to recognize existing Town development and its logical extension, it accommodates a va…
Market overview
Demographics & Economy
Funkstown, MD has 845 residents in 487 households. Density runs 1,749 people per square mile. Median household income here is $58,438 and median gross rent $802 a month.
845
Population
487
Households
1.7
Avg Household Size
52
Median Age
32%
College-Educated
91%
High-School Grad
0.5 sq mi
ZIP Area
1,749
Density / Sq Mi
$58,438
Median Household Income
$32,109
Median Earnings
$802
Median Rent
$241,900
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Hagerstown | — | $16.32 |
| Saint James | — | — |
| Chewsville | — | — |
| Fairplay | — | — |
Commercial property in Funkstown, MD asks $266/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Funkstown?
Commercial property in Funkstown, MD asks an average of $266 per square foot. The 3 most recent recorded sales traded at a median of $122/SF, so asking sits 119% above the achieved median. Multifamily carries the highest asking price at $136/SF.
Where does Realmo's Funkstown market data come from?
Realmo compiles Funkstown, MD figures from 4 recent recorded sales, 3 active sale listings, 32 tracked off-market properties, the current Funkstown zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 3 active for-sale and 0 active for-lease listings in Funkstown, 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: 339 zoned acres across 5 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, industrial vacancy is reported at South region level and asking prices run materially above recent closed pricing.
- 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
