Commercial Real Estate Market in Rawlings, MD
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
5 active listings and 35 off-market properties in Rawlings, MD.
Market Trends
Rawlings, MD spans 26.7 square miles in Allegany County, Maryland. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Rawlings, 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 Rawlings, MD runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Rawlings, 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 Rawlings, MD asks $75/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
Rawlings, MD has 1,911 residents in 782 households. Density runs 72 people per square mile. Median household income here is $33,646.
1,911
Population
782
Households
2.4
Avg Household Size
46
Median Age
24%
College-Educated
83%
High-School Grad
26.7 sq mi
ZIP Area
72
Density / Sq Mi
$33,646
Median Household Income
$34,200
Median Earnings
$0
Median Rent
$99,900
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Short Gap | — | — |
| Cresaptown | — | — |
| Midland | — | — |
| Fort Ashby | — | — |
Commercial property in Rawlings, MD asks $112/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Rawlings?
Commercial property in Rawlings, MD asks an average of $112 per square foot. Multifamily carries the highest asking price at $75/SF.
Methodology & data sources
- Asking prices and averages
- Computed from 5 active for-sale and 0 active for-lease listings in Rawlings, 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
