Commercial Real Estate Market in Hampstead, MD
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
30 active listings and 227 off-market properties in Hampstead, MD. Commercial property asks $253/SF to buy and $3.28/SF/Yr to lease.
Market Trends
Hampstead, MD spans 37.7 square miles in Carroll County, Maryland. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Hampstead, 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 Hampstead, MD runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Hampstead, 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 Hampstead, MD runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Vacancy Rate % in South region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 41.1%
- Industrial 20.6%
- Open space 18.7%
- Planned_development 10.3%
- Commercial 7.7%
- Mixed use 1.2%
- Special 0.4%
Largest Zones share of zoned land by district
Residence District
Public Conservation
Restricted Industrial
Residence District Private Conservation
Residence District
Hampstead, MD zones 2,058 acres across 14 districts. Commercial zoning covers 7.7% of zoned land, residential 41.1%, open space 18.7% and industrial 20.6%. The largest single district is Residence District at 24.5%. For commercial buyers the practical constraint is that only 28.3% of land carries a commercial or industrial designation.
Market overview
Demographics & Economy
Hampstead, MD has 15,279 residents in 6,158 households. Density runs 405 people per square mile. Median household income here is $101,462 and median gross rent $1,212 a month.
15,279
Population
6,158
Households
2.5
Avg Household Size
42
Median Age
36%
College-Educated
97%
High-School Grad
37.7 sq mi
ZIP Area
405
Density / Sq Mi
$101,462
Median Household Income
$60,865
Median Earnings
$1,212
Median Rent
$349,900
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Greenmount | — | — |
| Upperco | — | — |
| Manchester | — | — |
| Millers | — | — |
Commercial property in Hampstead, MD asks $253/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Hampstead?
Commercial property in Hampstead, MD asks an average of $253 per square foot. The 4 most recent recorded sales traded at a median of $351/SF.
How much does it cost to lease commercial space in Hampstead?
Asking lease rates in Hampstead, MD average $3.28 per square foot per year.
What zoning applies to commercial property in Hampstead?
Hampstead, MD zones 2,058 acres across 14 districts, of which 7.7% is commercial and 20.6% industrial. The largest single district is Residence District at 24.5% of zoned land. Residential zoning covers 41.1% and open space 18.7%.
Where does Realmo's Hampstead market data come from?
Realmo compiles Hampstead, MD figures from 5 recent recorded sales, 18 active sale listings, 12 active lease listings, 227 tracked off-market properties, the current Hampstead zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 18 active for-sale and 12 active for-lease listings in Hampstead, 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: 2,058 zoned acres across 14 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 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 August 2026 · report a data issue
