Commercial Real Estate Market in Queenstown, MD
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
8 active listings and 141 off-market properties in Queenstown, MD. Commercial property asks $143/SF to buy and $12.00/SF/Yr to lease.
Market Trends
Queenstown, MD spans 39.0 square miles in Queen Anne's County, Maryland. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Queenstown, 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 Queenstown, MD runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Queenstown, 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 Queenstown, 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
- Agricultural 52.4%
- Commercial 21%
- Mixed use 13.2%
- Residential 11.3%
- Industrial 2.1%
Largest Zones share of zoned land by district
Queenstown Countryside
Queenstown Resort
Planned Regional Commercial
Residential
Residential
Queenstown Countryside (QCS)
The Queenstown Countryside District is intended to preserve and protect rural, agricultural and recreational areas of the Town that generally lie within the Chesapeake Bay Critical Area and contain sensitive natural resource.
Market overview
Demographics & Economy
Queenstown, MD has 3,723 residents in 1,827 households. Density runs 96 people per square mile. Median household income here is $132,500 and median gross rent $1,775 a month.
3,723
Population
1,827
Households
2
Avg Household Size
49
Median Age
43%
College-Educated
94%
High-School Grad
39 sq mi
ZIP Area
96
Density / Sq Mi
$132,500
Median Household Income
$53,131
Median Earnings
$1,775
Median Rent
$471,300
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Grasonville | — | — |
| Wye Mills | — | — |
| Chester | — | — |
| Stevensville | — | $19.16 |
Commercial property in Queenstown, MD asks $143/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Queenstown?
Commercial property in Queenstown, MD asks an average of $143 per square foot.
How much does it cost to lease commercial space in Queenstown?
Asking lease rates in Queenstown, MD average $12.00 per square foot per year.
Where does Realmo's Queenstown market data come from?
Realmo compiles Queenstown, MD figures from 3 recent recorded sales, 5 active sale listings, 3 active lease listings, 141 tracked off-market properties, the current Queenstown zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 5 active for-sale and 3 active for-lease listings in Queenstown, 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: 1,226 zoned acres across 9 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
