Commercial Real Estate Market in Smithsburg, MD
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
8 active listings and 118 off-market properties in Smithsburg, MD.
Market Trends
Smithsburg, MD spans 47.6 square miles in Washington County, Maryland. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Smithsburg, 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 Smithsburg, MD runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Smithsburg, 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 Smithsburg, MD asks $136/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
Zoning & Land Use
Land Use Mix share of zoned land by category
- Commercial 95.1%
- Residential 4.5%
- Industrial 0.4%
Largest Zones share of zoned land by district
Town Residential District
General Commercial
Suburban Residential District
Town Center District
Employment Center District
Smithsburg, MD zones 745 acres across 6 districts. Commercial zoning covers 95.1% of zoned land, residential 4.5% and industrial 0.4%. The largest single district is Town Residential District at 87.1%. For commercial buyers the practical constraint is that only 95.5% of land carries a commercial or industrial designation.
General Commercial (GC)
The procedure for maintaining any change of the zoning district classification of land to GC General Commercial District or EC Employment Center District duly enacted and adopted as an amendment pursuant to this article, such change having been petitioned by persons other that the Mayor and Town Council or Planning Commission, shall be as follows: A. Within…
Market overview
Demographics & Economy
Smithsburg, MD has 9,306 residents in 3,952 households. Density runs 196 people per square mile. Median household income here is $96,055 and median gross rent $1,060 a month.
9,306
Population
3,952
Households
2.4
Avg Household Size
42
Median Age
21%
College-Educated
90%
High-School Grad
47.6 sq mi
ZIP Area
196
Density / Sq Mi
$96,055
Median Household Income
$50,817
Median Earnings
$1,060
Median Rent
$330,100
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Cavetown | — | — |
| Chewsville | — | — |
| Rouzerville | — | — |
| Highfield | — | — |
Commercial property in Smithsburg, MD asks $308/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Smithsburg?
Commercial property in Smithsburg, MD asks an average of $308 per square foot. The 3 most recent recorded sales traded at a median of $173/SF, so asking sits 78% above the achieved median. Multifamily carries the highest asking price at $136/SF.
What zoning applies to commercial property in Smithsburg?
Smithsburg, MD zones 745 acres across 6 districts, of which 95.1% is commercial and 0.4% industrial. The largest single district is Town Residential District at 87.1% of zoned land. Residential zoning covers 4.5% and open space 0%.
Where does Realmo's Smithsburg market data come from?
Realmo compiles Smithsburg, MD figures from 5 recent recorded sales, 6 active sale listings, 2 active lease listings, 118 tracked off-market properties, the current Smithsburg zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 6 active for-sale and 2 active for-lease listings in Smithsburg, 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: 745 zoned acres across 6 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
