Commercial Real Estate Market in Halethorpe, MD
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
38 active listings and 257 off-market properties in Halethorpe, MD. Commercial property asks $9/SF to buy and $17.11/SF/Yr to lease.
Market Trends
Halethorpe, MD spans 11.3 square miles in Baltimore County, Maryland. Figures below refresh monthly; last updated 30 September 2026.
Office
Office vacancy in Halethorpe, MD runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Vacancy Rate % in South region
Retail
Retail space in Halethorpe, MD asks $145/SF to buy. Vacancy runs 5.4% across the South region in 2025, down from 7% in 2020.
Average Sale Price $/SF
Listings
Vacancy Rate % in South region
Industrial
Industrial vacancy in Halethorpe, 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 Halethorpe, MD asks $154/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
Market overview
Demographics & Economy
Halethorpe, MD has 35,837 residents in 14,260 households. Density runs 3,162 people per square mile. Median household income here is $83,620 and median gross rent $1,347 a month.
35,837
Population
14,260
Households
2.5
Avg Household Size
35
Median Age
27%
College-Educated
85%
High-School Grad
11.3 sq mi
ZIP Area
3,162
Density / Sq Mi
$83,620
Median Household Income
$52,643
Median Earnings
$1,347
Median Rent
$272,400
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Arbutus | — | $17.11 |
| Elkridge | — | — |
| Linthicum | — | $13.88 |
| Catonsville | — | — |
Commercial property in Halethorpe, MD asks $9/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Halethorpe?
Commercial property in Halethorpe, MD asks an average of $9 per square foot. The 5 most recent recorded sales traded at a median of $165/SF. Multifamily carries the highest asking price at $154/SF.
How much does it cost to lease commercial space in Halethorpe?
Asking lease rates in Halethorpe, MD average $17.11 per square foot per year.
Where does Realmo's Halethorpe market data come from?
Realmo compiles Halethorpe, MD figures from 7 recent recorded sales, 14 active sale listings, 24 active lease listings, 257 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 14 active for-sale and 24 active for-lease listings in Halethorpe, 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
