Commercial Real Estate Market in Parkville, MD
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
17 active listings and 270 off-market properties in Parkville, MD.
Market Trends
Parkville, MD spans 13.4 square miles in Baltimore County, Maryland. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Parkville, MD runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Vacancy Rate % in South region
Retail
Retail space in Parkville, MD asks $145/SF to buy. Vacancy runs 5.4% across the South region in 2025, down from 7% in 2020.
Average Sale Price $/SF
Listings
Vacancy Rate % in South region
Industrial
Industrial vacancy in Parkville, 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 space in Parkville, MD asks $157/SF to buy. Vacancy runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Average Sale Price $/SF
Listings
Vacancy Rate % in South region
Market overview
Demographics & Economy
Parkville, MD has 67,308 residents in 29,575 households. Density runs 5,040 people per square mile. Median household income here is $83,139 and median gross rent $1,542 a month.
67,308
Population
29,575
Households
2.3
Avg Household Size
40
Median Age
36%
College-Educated
93%
High-School Grad
13.4 sq mi
ZIP Area
5,040
Density / Sq Mi
$83,139
Median Household Income
$52,260
Median Earnings
$1,542
Median Rent
$276,000
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Nottingham | — | — |
| Rosedale | — | $14.08 |
| White Marsh | — | — |
| Perry Hall | — | — |
Commercial property in Parkville, MD asks $123/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Parkville?
Commercial property in Parkville, MD asks an average of $123 per square foot. The 5 most recent recorded sales traded at a median of $157/SF. Multifamily carries the highest asking price at $157/SF.
Where does Realmo's Parkville market data come from?
Realmo compiles Parkville, MD figures from 6 recent recorded sales, 9 active sale listings, 8 active lease listings, 270 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 9 active for-sale and 8 active for-lease listings in Parkville, 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
