Commercial Real Estate Market in Pittsville, MD
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
11 active listings and 81 off-market properties in Pittsville, MD.
Market Trends
Pittsville, MD spans 28.1 square miles in Wicomico County, Maryland. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Pittsville, 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 Pittsville, MD runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Pittsville, 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 Pittsville, MD runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Vacancy Rate % in South region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 80%
- Mixed use 14.4%
- Commercial 2.9%
- Civic 2.7%
Largest Zones share of zoned land by district
Single Family Residential District
Central Residential District
Mixed Use Employment District
Core Mixed Use District
Mobile Home Residential District
Pittsville, MD zones 972 acres across 7 districts. Commercial zoning covers 2.9% of zoned land, residential 80%. The largest single district is Single Family Residential District at 46.5%. For commercial buyers the practical constraint is that only 2.9% of land carries a commercial or industrial designation.
Market overview
Demographics & Economy
Pittsville, MD has 3,167 residents in 1,675 households. Density runs 113 people per square mile. Median household income here is $76,667 and median gross rent $1,059 a month.
3,167
Population
1,675
Households
1.9
Avg Household Size
42
Median Age
11%
College-Educated
86%
High-School Grad
28.1 sq mi
ZIP Area
113
Density / Sq Mi
$76,667
Median Household Income
$44,985
Median Earnings
$1,059
Median Rent
$224,000
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Parsonsburg | — | — |
| Willards | — | — |
| Powellville | — | — |
| Whaleyville | — | — |
Commercial property in Pittsville, MD asks $677/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Pittsville?
Commercial property in Pittsville, MD asks an average of $677 per square foot.
What zoning applies to commercial property in Pittsville?
Pittsville, MD zones 972 acres across 7 districts, of which 2.9% is commercial and 0% industrial. The largest single district is Single Family Residential District at 46.5% of zoned land. Residential zoning covers 80% and open space 0%.
Where does Realmo's Pittsville market data come from?
Realmo compiles Pittsville, MD figures from 4 recent recorded sales, 11 active sale listings, 81 tracked off-market properties, the current Pittsville zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 11 active for-sale and 0 active for-lease listings in Pittsville, 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.
- Zoning and land use
- The current municipal zoning release: 972 zoned acres across 7 districts. Shares are of zoned land, so parcels the release leaves unclassified are excluded from the mix.
- 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
