Commercial Real Estate Market in West Friendship, MD
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
232 active listings and 1,659 off-market properties in West Friendship, MD. Commercial property asks $102/SF to buy and $24.61/SF/Yr to lease.
Market Trends
West Friendship, MD spans 8.2 square miles in Howard County, Maryland. Figures below refresh monthly; last updated 30 September 2026.
Office
Office vacancy in West Friendship, 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 West Friendship, MD runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in West Friendship, 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 West Friendship, 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
West Friendship, MD has 2,532 residents in 700 households. Density runs 310 people per square mile. Median household income here is $223,833.
2,532
Population
700
Households
3.6
Avg Household Size
43
Median Age
58%
College-Educated
100%
High-School Grad
8.2 sq mi
ZIP Area
310
Density / Sq Mi
$223,833
Median Household Income
$83,712
Median Earnings
$0
Median Rent
$977,200
Median Home Value
Tools
Frequently Asked Questions
What is the average price per square foot for commercial property in West Friendship?
Commercial property in West Friendship, MD asks an average of $102 per square foot. The 8 most recent recorded sales traded at a median of $303/SF.
How much does it cost to lease commercial space in West Friendship?
Asking lease rates in West Friendship, MD average $24.61 per square foot per year.
Where does Realmo's West Friendship market data come from?
Realmo compiles West Friendship, MD figures from 8 recent recorded sales, 78 active sale listings, 154 active lease listings, 1,659 tracked off-market properties. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 78 active for-sale and 154 active for-lease listings in West Friendship, 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 30 September 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 30 September 2026 · report a data issue
