Commercial Real Estate Market in Lusby, MD
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
83 active listings and 99 off-market properties in Lusby, MD. Commercial property asks $1,406/SF to buy and $12.00/SF/Yr to lease.
Market Trends
Lusby, MD spans 29.9 square miles in Calvert County, Maryland. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Lusby, 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 Lusby, MD runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Lusby, 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 Lusby, 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
Lusby, MD has 20,042 residents in 8,109 households. Density runs 671 people per square mile. Median household income here is $117,776 and median gross rent $1,716 a month.
20,042
Population
8,109
Households
2.5
Avg Household Size
38
Median Age
29%
College-Educated
94%
High-School Grad
29.9 sq mi
ZIP Area
671
Density / Sq Mi
$117,776
Median Household Income
$55,338
Median Earnings
$1,716
Median Rent
$317,600
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Dowell | — | — |
| Solomons | — | $20.00 |
| Patuxent River Naval Air Sta | — | — |
| California | — | $14.34 |
Commercial property in Lusby, MD asks $1,406/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Lusby?
Commercial property in Lusby, MD asks an average of $1,406 per square foot.
How much does it cost to lease commercial space in Lusby?
Asking lease rates in Lusby, MD average $12.00 per square foot per year.
Where does Realmo's Lusby market data come from?
Realmo compiles Lusby, MD figures from 2 recent recorded sales, 79 active sale listings, 4 active lease listings, 99 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 79 active for-sale and 4 active for-lease listings in Lusby, 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
