Commercial Real Estate Market in North East, MD
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
32 active listings and 388 off-market properties in North East, MD. Commercial property asks $1,531/SF to buy and $11.08/SF/Yr to lease.
Market Trends
North East, MD spans 48.5 square miles in Cecil County, Maryland. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in North East, 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 East, 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 East, 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 East, 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 East, MD has 18,517 residents in 7,952 households. Density runs 381 people per square mile. Median household income here is $113,107 and median gross rent $1,418 a month.
18,517
Population
7,952
Households
2.3
Avg Household Size
38
Median Age
33%
College-Educated
93%
High-School Grad
48.5 sq mi
ZIP Area
381
Density / Sq Mi
$113,107
Median Household Income
$61,293
Median Earnings
$1,418
Median Rent
$342,800
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Northeast | — | — |
| Charlestown | — | — |
| Childs | — | — |
| Perryville | — | — |
Commercial property in North East, MD asks $1,531/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in North East?
Commercial property in North East, MD asks an average of $1,531 per square foot. The 4 most recent recorded sales traded at a median of $140/SF, so asking sits 994% above the achieved median.
How much does it cost to lease commercial space in North East?
Asking lease rates in North East, MD average $11.08 per square foot per year.
Where does Realmo's North East market data come from?
Realmo compiles North East, MD figures from 7 recent recorded sales, 22 active sale listings, 10 active lease listings, 388 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 22 active for-sale and 10 active for-lease listings in North East, 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, industrial vacancy is reported at South region level and asking prices run materially above recent closed pricing.
- 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
