Commercial Real Estate Market in Willards, MD
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
9 active listings and 50 off-market properties in Willards, MD.
Market Trends
Willards, MD spans 28.3 square miles in Wicomico County, Maryland. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Willards, 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 Willards, MD runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Willards, 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 Willards, 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 62.7%
- Mixed use 28.4%
- Civic 8.8%
Largest Zones share of zoned land by district
Single Family Residential
Core Neighborhoods
Mixed Use Employment
Mixed Use
Town Center
Single Family Residential (SR)
The purpose of the SR district is to provide areas for moderate density residential neighborhoods consisting of one and two unit dwellings and clustering of smaller units in cottage housing developments
Market overview
Demographics & Economy
Willards, MD has 2,240 residents in 768 households. Density runs 79 people per square mile. Median household income here is $74,545 and median gross rent $1,480 a month.
2,240
Population
768
Households
2.9
Avg Household Size
42
Median Age
19%
College-Educated
86%
High-School Grad
28.3 sq mi
ZIP Area
79
Density / Sq Mi
$74,545
Median Household Income
$39,318
Median Earnings
$1,480
Median Rent
$219,500
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Whaleyville | — | — |
| Pittsville | — | — |
| Powellville | — | — |
| Parsonsburg | — | — |
Commercial property in Willards, MD asks $506/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Willards?
Commercial property in Willards, MD asks an average of $506 per square foot. The 3 most recent recorded sales traded at a median of $41/SF, so asking sits 1134% above the achieved median.
Where does Realmo's Willards market data come from?
Realmo compiles Willards, MD figures from 6 recent recorded sales, 9 active sale listings, 50 tracked off-market properties, the current Willards zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 9 active for-sale and 0 active for-lease listings in Willards, 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: 706 zoned acres across 5 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, industrial vacancy is reported at South region level and asking prices run materially above recent closed pricing.
- 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
