Commercial Real Estate Market in Hillsboro, MD
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
3 active listings and 4 off-market properties in Hillsboro, MD.
Market Trends
Hillsboro, MD spans 0.1 square miles in Caroline County, Maryland. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Hillsboro, 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 Hillsboro, MD runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Hillsboro, 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 Hillsboro, 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
Hillsboro, MD has 128 residents in 81 households. Density runs 946 people per square mile. Median household income here is $65,417 and median gross rent $955 a month.
128
Population
81
Households
1.6
Avg Household Size
42
Median Age
18%
College-Educated
88%
High-School Grad
0.1 sq mi
ZIP Area
946
Density / Sq Mi
$65,417
Median Household Income
$23,333
Median Earnings
$955
Median Rent
$241,700
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Queen Anne | — | — |
| Cordova | — | — |
| Ridgely | — | — |
| Denton | — | — |
Commercial property in Hillsboro, MD asks $373/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Hillsboro?
Commercial property in Hillsboro, MD asks an average of $373 per square foot.
Methodology & data sources
- Asking prices and averages
- Computed from 3 active for-sale and 0 active for-lease listings in Hillsboro, 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 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
