Commercial Real Estate Market in Lavale, MD
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
117 active listings and 2,032 off-market properties in Lavale, MD. Commercial property asks $101/SF to buy and $11.50/SF/Yr to lease.
Market Trends
Lavale, MD spans 92.1 square miles in Allegany County, Maryland. Figures below refresh monthly; last updated 30 September 2026.
Office
Office vacancy in Lavale, 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 Lavale, MD runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Lavale, 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 Lavale, MD asks $38/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
Lavale, MD has 41,153 residents in 19,562 households. Density runs 447 people per square mile. Median household income here is $58,721 and median gross rent $771 a month.
41,153
Population
19,562
Households
2.1
Avg Household Size
44
Median Age
20%
College-Educated
89%
High-School Grad
92.1 sq mi
ZIP Area
447
Density / Sq Mi
$58,721
Median Household Income
$39,507
Median Earnings
$771
Median Rent
$151,400
Median Home Value
Tools
Frequently Asked Questions
What is the average price per square foot for commercial property in Lavale?
Commercial property in Lavale, MD asks an average of $101 per square foot. The 7 most recent recorded sales traded at a median of $112/SF. Multifamily carries the highest asking price at $38/SF.
How much does it cost to lease commercial space in Lavale?
Asking lease rates in Lavale, MD average $11.50 per square foot per year.
Where does Realmo's Lavale market data come from?
Realmo compiles Lavale, MD figures from 7 recent recorded sales, 104 active sale listings, 13 active lease listings, 2,032 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 104 active for-sale and 13 active for-lease listings in Lavale, 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
