Commercial Real Estate Market in Secretary, MD
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
Market Trends
Secretary, MD spans 0.3 square miles in Dorchester County, Maryland. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Secretary, 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 Secretary, MD runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Secretary, 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 Secretary, 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 74.7%
- Mixed use 25.4%
Largest Zones share of zoned land by district
Residential
Village District
Residential
Secretary, MD zones 163 acres across 3 districts. The largest single district is Residential at 73.8%.
Residential (R-2)
It is the intent of this district to allow and encourage residential units of a medium density, residential uses in this district will be on lots large enough to provide more open space between dwellings, yet small enough to efficiently utilize services available
Market overview
Demographics & Economy
Secretary, MD has 472 residents in 269 households. Density runs 1,620 people per square mile. Median household income here is $68,333 and median gross rent $1,135 a month.
472
Population
269
Households
1.8
Avg Household Size
42
Median Age
17%
College-Educated
91%
High-School Grad
0.3 sq mi
ZIP Area
1,620
Density / Sq Mi
$68,333
Median Household Income
$43,352
Median Earnings
$1,135
Median Rent
$172,100
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| East New Market | — | — |
| Hurlock | — | — |
| Linkwood | — | — |
| Salem | — | — |
Frequently Asked Questions
What zoning applies to commercial property in Secretary?
Secretary, MD zones 163 acres across 3 districts, of which 0% is commercial and 0% industrial. The largest single district is Residential at 73.8% of zoned land. It is the intent of this district to allow and encourage residential units of a medium density, residential uses in this district will be on lots large enough to provide more open space between dwellings, yet small enough to efficiently utilize services available Residential zoning covers 74.7% and open space 0%.
Methodology & data sources
- 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: 163 zoned acres across 3 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
