Commercial Real Estate Market in Lanham, MD
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
51 active listings and 584 off-market properties in Lanham, MD. Commercial property asks $32/SF to buy and $12.61/SF/Yr to lease.
Market Trends
Lanham, MD spans 10.0 square miles in Prince George's County, Maryland. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Lanham, 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 Lanham, MD runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Lanham, 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 Lanham, 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
Lanham, MD has 43,623 residents in 13,799 households. Density runs 4,341 people per square mile. Median household income here is $100,061 and median gross rent $1,797 a month.
43,623
Population
13,799
Households
3.2
Avg Household Size
36
Median Age
34%
College-Educated
83%
High-School Grad
10 sq mi
ZIP Area
4,341
Density / Sq Mi
$100,061
Median Household Income
$44,032
Median Earnings
$1,797
Median Rent
$408,600
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Seabrook | — | — |
| New Carrollton | — | — |
| Glenn Dale | — | — |
| Springdale | — | — |
Commercial property in Lanham, MD asks $32/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Lanham?
Commercial property in Lanham, MD asks an average of $32 per square foot. The 7 most recent recorded sales traded at a median of $431/SF.
How much does it cost to lease commercial space in Lanham?
Asking lease rates in Lanham, MD average $12.61 per square foot per year.
Where does Realmo's Lanham market data come from?
Realmo compiles Lanham, MD figures from 8 recent recorded sales, 17 active sale listings, 34 active lease listings, 584 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 17 active for-sale and 34 active for-lease listings in Lanham, 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
