Commercial Real Estate Market in Grasonville, MD
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
15 active listings and 450 off-market properties in Grasonville, MD.
Market Trends
Grasonville, MD spans 9.9 square miles in Queen Anne's County, Maryland. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Grasonville, 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 Grasonville, MD runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Grasonville, 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 Grasonville, 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
Grasonville, MD has 5,058 residents in 2,219 households. Density runs 511 people per square mile. Median household income here is $130,804 and median gross rent $1,630 a month.
5,058
Population
2,219
Households
2.3
Avg Household Size
44
Median Age
43%
College-Educated
93%
High-School Grad
9.9 sq mi
ZIP Area
511
Density / Sq Mi
$130,804
Median Household Income
$60,981
Median Earnings
$1,630
Median Rent
$491,000
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Queenstown | — | — |
| Chester | — | — |
| Stevensville | — | $19.16 |
| Wye Mills | — | — |
Commercial property in Grasonville, MD asks $1,629/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Grasonville?
Commercial property in Grasonville, MD asks an average of $1,629 per square foot. The 6 most recent recorded sales traded at a median of $262/SF, so asking sits 522% above the achieved median.
Where does Realmo's Grasonville market data come from?
Realmo compiles Grasonville, MD figures from 7 recent recorded sales, 12 active sale listings, 3 active lease listings, 450 tracked off-market properties. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 12 active for-sale and 3 active for-lease listings in Grasonville, 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, 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
