Commercial Real Estate Market in Ocean Pines, MD
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
17 active listings and 20 off-market properties in Ocean Pines, MD. Commercial property asks $53/SF to buy and $22.48/SF/Yr to lease.
Market Trends
Ocean Pines, MD spans 101.5 square miles in Worcester County, Maryland. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Ocean Pines, 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 Ocean Pines, MD runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Ocean Pines, 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 Ocean Pines, 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
Ocean Pines, MD has 23,907 residents in 15,439 households. Density runs 236 people per square mile. Median household income here is $91,293 and median gross rent $1,398 a month.
23,907
Population
15,439
Households
1.5
Avg Household Size
52
Median Age
36%
College-Educated
94%
High-School Grad
101.5 sq mi
ZIP Area
236
Density / Sq Mi
$91,293
Median Household Income
$49,929
Median Earnings
$1,398
Median Rent
$362,500
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Bishopville | — | — |
| Showell | — | — |
| Bishop | — | — |
| Fenwick Island | — | — |
Commercial property in Ocean Pines, MD asks $53/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Ocean Pines?
Commercial property in Ocean Pines, MD asks an average of $53 per square foot.
How much does it cost to lease commercial space in Ocean Pines?
Asking lease rates in Ocean Pines, MD average $22.48 per square foot per year.
Where does Realmo's Ocean Pines market data come from?
Realmo compiles Ocean Pines, MD figures from 15 active sale listings, 2 active lease listings, 20 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 15 active for-sale and 2 active for-lease listings in Ocean Pines, 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
