Commercial Real Estate Market in Lonaconing, MD
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
6 active listings and 95 off-market properties in Lonaconing, MD.
Market Trends
Lonaconing, MD spans 37.1 square miles in Allegany County, Maryland. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Lonaconing, 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 Lonaconing, MD runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Lonaconing, 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 Lonaconing, MD asks $75/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
Lonaconing, MD has 2,536 residents in 1,074 households. Density runs 68 people per square mile. Median household income here is $51,667 and median gross rent $822 a month.
2,536
Population
1,074
Households
2.4
Avg Household Size
44
Median Age
18%
College-Educated
90%
High-School Grad
37.1 sq mi
ZIP Area
68
Density / Sq Mi
$51,667
Median Household Income
$36,065
Median Earnings
$822
Median Rent
$108,700
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Midland | — | — |
| Midlothian | — | — |
| Barton | — | — |
| Frostburg | — | — |
Commercial property in Lonaconing, MD asks $69/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Lonaconing?
Commercial property in Lonaconing, MD asks an average of $69 per square foot. The 4 most recent recorded sales traded at a median of $246/SF. Multifamily carries the highest asking price at $75/SF.
Where does Realmo's Lonaconing market data come from?
Realmo compiles Lonaconing, MD figures from 4 recent recorded sales, 6 active sale listings, 95 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 6 active for-sale and 0 active for-lease listings in Lonaconing, 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
