Commercial Real Estate Market in Middletown, MD
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
10 active listings and 113 off-market properties in Middletown, MD.
Market Trends
Middletown, MD spans 40.1 square miles in Frederick County, Maryland. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Middletown, 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 Middletown, MD runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Middletown, 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 Middletown, MD runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Vacancy Rate % in South region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 53.8%
- Open space 40.7%
- Commercial 5.3%
- Industrial 0.3%
Largest Zones share of zoned land by district
Open Space
Low Density Residential
Low Density Residential
Medium Density Residential
High Density Residential
Middletown, MD zones 1,351 acres across 9 districts. Commercial zoning covers 5.3% of zoned land, residential 53.8%, open space 40.7% and industrial 0.3%. The largest single district is Open Space at 40.7%. For commercial buyers the practical constraint is that only 5.5% of land carries a commercial or industrial designation.
Open Space (OS)
The OS district is intended to provide permanent open space for its natural beauty and recreational value. It is also intended to preserve natural resources, prevent erosion, pollution, silting and safeguard the health, safety and welfare of persons and property by limiting development on excessive slopes, on floodplains, on poorly drained lands, or on other…
Market overview
Demographics & Economy
Middletown, MD has 11,759 residents in 4,519 households. Density runs 293 people per square mile. Median household income here is $148,821 and median gross rent $1,600 a month.
11,759
Population
4,519
Households
2.6
Avg Household Size
43
Median Age
48%
College-Educated
97%
High-School Grad
40.1 sq mi
ZIP Area
293
Density / Sq Mi
$148,821
Median Household Income
$70,288
Median Earnings
$1,600
Median Rent
$490,800
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Braddock Heights | — | — |
| Myersville | — | — |
| Burkittsville | — | — |
| Jefferson | — | — |
Frequently Asked Questions
What zoning applies to commercial property in Middletown?
Middletown, MD zones 1,351 acres across 9 districts, of which 5.3% is commercial and 0.3% industrial. The largest single district is Open Space at 40.7% of zoned land. The OS district is intended to provide permanent open space for its natural beauty and recreational value. It is also intended to preserve natural resources, prevent erosion, pollution, silting and safeguard the health, safety and welfare of persons and property by limiting development on excessive slopes, on floodplains, on poorly drained lands, or on other… Residential zoning covers 53.8% and open space 40.7%.
Where does Realmo's Middletown market data come from?
Realmo compiles Middletown, MD figures from 4 recent recorded sales, 9 active sale listings, 1 active lease listings, 113 tracked off-market properties, the current Middletown zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 9 active for-sale and 1 active for-lease listings in Middletown, 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.
- Zoning and land use
- The current municipal zoning release: 1,351 zoned acres across 9 districts. Shares are of zoned land, so parcels the release leaves unclassified are excluded from the mix.
- 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
