Commercial Real Estate Market in Owings Mills, MD
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
93 active listings and 776 off-market properties in Owings Mills, MD. Commercial property asks $187/SF to buy and $13.00/SF/Yr to lease (based on 3 listings).
Market Trends
Owings Mills, MD spans 29.7 square miles in Baltimore County, Maryland. Figures below refresh monthly; last updated 31 October 2026.
Office
Office vacancy in Owings Mills, MD runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Retail
Across Baltimore County, retail space asks $181/SF to buy. Retail vacancy in Owings Mills, MD runs 5.4% across the South region in 2025, down from 7% in 2020.
Industrial
Industrial vacancy in Owings Mills, MD runs 7.9% across the South region in 2025, up from 6% in 2019. Nearly 2.3x the 2022 low of 3.5%.
Multifamily
Across Baltimore County, multifamily space asks $147/SF to buy. Multifamily vacancy in Owings Mills, MD runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Market overview
Demographics & Economy
Owings Mills, MD has 59,154 residents in 26,001 households. Density runs 1,991 people per square mile. Median household income here is $100,934 and median gross rent $1,817 a month.
Tools
Frequently Asked Questions
What is the median price per square foot for commercial property in Owings Mills?
How much does it cost to lease commercial space in Owings Mills?
Where does Realmo's Owings Mills market data come from?
Methodology & data sources
- Asking prices and medians
- There are 33 active for-sale and 60 active for-lease listings in Owings Mills, MD. The medians are based on 11 of the for-sale and 3 of the for-lease listings, those that state a price or rent per square foot. These are ASKING figures from live listings, not closed-transaction prices, and a figure resting on fewer than 10 listings says so where it is quoted.
- 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 October 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 October 2026 · How Realmo checks market page data · Report a data issue
