Commercial Real Estate Market in Gwynn Oak, MD
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
1,762 active listings and 21,844 off-market properties in Gwynn Oak, MD. Commercial property asks $102/SF to buy and $18.50/SF/Yr to lease.
Market Trends
Gwynn Oak, MD spans 10.3 square miles in Baltimore City County, Maryland. Figures below refresh monthly; last updated 30 September 2026.
Office
Office space in Gwynn Oak, MD asks $22.06/SF/Yr to lease. Vacancy runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Average Lease Price $/SF/Yr
Listings
Vacancy Rate % in South region
Retail
Retail space in Gwynn Oak, MD asks $23.60/SF/Yr to lease. Vacancy runs 5.4% across the South region in 2025, down from 7% in 2020.
Average Lease Price $/SF/Yr
Listings
Vacancy Rate % in South region
Industrial
Industrial vacancy in Gwynn Oak, 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 Gwynn Oak, 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
Gwynn Oak, MD has 46,595 residents in 20,974 households. Density runs 4,504 people per square mile. Median household income here is $64,284 and median gross rent $1,390 a month.
46,595
Population
20,974
Households
2.2
Avg Household Size
41
Median Age
31%
College-Educated
90%
High-School Grad
10.3 sq mi
ZIP Area
4,504
Density / Sq Mi
$64,284
Median Household Income
$45,737
Median Earnings
$1,390
Median Rent
$248,400
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Catonsville | — | — |
| Pikesville | — | — |
| Arbutus | — | $17.11 |
Commercial property in Gwynn Oak, MD asks $102/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Gwynn Oak?
Commercial property in Gwynn Oak, MD asks an average of $102 per square foot. The 4 most recent recorded sales traded at a median of $217/SF.
How much does it cost to lease commercial space in Gwynn Oak?
Asking lease rates in Gwynn Oak, MD average $18.50 per square foot per year. Office asks $22.06/SF/Yr as of Q2 26, up from $17.19/SF/Yr in Q1 26.
Where does Realmo's Gwynn Oak market data come from?
Realmo compiles Gwynn Oak, MD figures from 5 recent recorded sales, 1,096 active sale listings, 666 active lease listings, 21,844 tracked off-market properties. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 1,096 active for-sale and 666 active for-lease listings in Gwynn Oak, 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 30 September 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 30 September 2026 · report a data issue
