Commercial Real Estate Market in North Bethesda, MD
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
24 active listings and 90 off-market properties in North Bethesda, MD.
Market Trends
North Bethesda, MD spans 8.1 square miles in Montgomery County, Maryland. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in North Bethesda, 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 North Bethesda, MD runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in North Bethesda, 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 North Bethesda, 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
North Bethesda, MD has 48,347 residents in 23,023 households. Density runs 5,988 people per square mile. Median household income here is $121,496 and median gross rent $2,212 a month.
48,347
Population
23,023
Households
2.1
Avg Household Size
38
Median Age
74%
College-Educated
94%
High-School Grad
8.1 sq mi
ZIP Area
5,988
Density / Sq Mi
$121,496
Median Household Income
$74,519
Median Earnings
$2,212
Median Rent
$646,100
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Garrett Park | — | — |
| Kensington | — | $19.82 |
| Rockville | — | $15.55 |
| Wheaton | — | — |
Commercial property in North Bethesda, MD asks $961/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in North Bethesda?
Commercial property in North Bethesda, MD asks an average of $961 per square foot. The 3 most recent recorded sales traded at a median of $6,040/SF.
Where does Realmo's North Bethesda market data come from?
Realmo compiles North Bethesda, MD figures from 3 recent recorded sales, 13 active sale listings, 11 active lease listings, 90 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 13 active for-sale and 11 active for-lease listings in North Bethesda, 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
