Commercial Real Estate Market in Pikesville, MD
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
39 active listings and 132 off-market properties in Pikesville, MD.
Market Trends
Pikesville, MD spans 22.9 square miles in Baltimore County, Maryland. Figures below refresh monthly; last updated 31 October 2026.
Office
Office vacancy in Pikesville, 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 Pikesville, MD runs 5.4% across the South region in 2025, down from 7% in 2020.
Industrial
Industrial vacancy in Pikesville, 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 Pikesville, MD runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Market overview
Demographics & Economy
Pikesville, MD has 81,602 residents in 37,371 households. Density runs 3,563 people per square mile. Median household income here is $75,669 and median gross rent $1,511 a month.
Tools
Nearby Markets
| Market | Median Asking Price, $/SF | Median Asking Rent, $/SF/Yr |
|---|---|---|
| Owings Mills | $187 | $13.00 |
| Towson | $160 | $21.50 |
Commercial property in Pikesville, MD asks $151/SF. The 2 bordering markets run from $160/SF in Towson to $187/SF in Owings Mills, and the city sits below their $174/SF median.
Frequently Asked Questions
What is the median price per square foot for commercial property in Pikesville?
How does Pikesville compare to nearby markets on price?
Where does Realmo's Pikesville market data come from?
Methodology & data sources
- Asking prices and medians
- There are 19 active for-sale and 20 active for-lease listings in Pikesville, MD. The sale median is based on 6 of the for-sale listings that state a price per square foot; too few for-lease listings state a rent per square foot for a rent median. 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
