Commercial Real Estate Market in New Carrollton, MD
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
2 active listings and 18 off-market properties in New Carrollton, MD.
Market Trends
New Carrollton, MD spans 4.1 square miles in Prince George's County, Maryland. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in New Carrollton, 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 New Carrollton, MD runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in New Carrollton, 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 New Carrollton, 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
New Carrollton, MD has 32,567 residents in 10,773 households. Density runs 7,867 people per square mile. Median household income here is $84,599 and median gross rent $1,769 a month.
32,567
Population
10,773
Households
3
Avg Household Size
34
Median Age
23%
College-Educated
79%
High-School Grad
4.1 sq mi
ZIP Area
7,867
Density / Sq Mi
$84,599
Median Household Income
$42,434
Median Earnings
$1,769
Median Rent
$356,500
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Seabrook | — | — |
| Lanham | — | $12.61 |
| Landover Hills | — | — |
| Greenbelt | — | $24.33 |
Frequently Asked Questions
Where does Realmo's New Carrollton market data come from?
Realmo compiles New Carrollton, MD figures from 1 active sale listings, 1 active lease listings, 18 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 1 active for-sale and 1 active for-lease listings in New Carrollton, 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
