Commercial Real Estate Market in Spencerville, MD
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
2 active listings and 7 off-market properties in Spencerville, MD.
Market Trends
Spencerville, MD spans 1.6 square miles in Montgomery County, Maryland. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Spencerville, 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 Spencerville, MD runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Spencerville, 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 Spencerville, MD runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Vacancy Rate % in South region
Market overview
Demographics & Economy
Spencerville, MD has 671 residents in 114 households. Density runs 413 people per square mile. Median household income here is $109,554.
671
Population
114
Households
5.9
Avg Household Size
44
Median Age
55%
College-Educated
92%
High-School Grad
1.6 sq mi
ZIP Area
413
Density / Sq Mi
$109,554
Median Household Income
$0
Median Earnings
$0
Median Rent
$564,800
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Burtonsville | — | — |
| Cloverly | — | — |
| Fulton | — | — |
| Ashton | — | — |
Methodology & data sources
- Asking prices and averages
- Computed from 2 active for-sale and 0 active for-lease listings in Spencerville, 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
