Commercial Real Estate Market in Friendship, ME
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
2 active listings and 28 off-market properties in Friendship, ME.
Market Trends
Friendship, ME spans 14.1 square miles in Knox County, Maine. Figures below refresh monthly; last updated 31 August 2026.
Office
Office space in Friendship, ME asks $174/SF to buy. Vacancy runs 19.9% across the Northeast region in 2025, up from 13.1% in 2019.
Average Sale Price $/SF
Listings
Vacancy Rate % in Northeast region
Retail
Retail space in Friendship, ME asks $160/SF to buy. Vacancy runs 6% across the Northeast region in 2025, little changed from 6% in 2019. Down from a 2020 peak of 7.1%.
Average Sale Price $/SF
Listings
Vacancy Rate % in Northeast region
Industrial
Industrial vacancy in Friendship, ME runs 7.6% across the Northeast region in 2025, up from 5.4% in 2019. Nearly 2.4x the 2021 low of 3.2%.
Vacancy Rate % in Northeast region
Multifamily
Multifamily vacancy in Friendship, ME runs 5.6% across the Northeast region in 2025, up from 4% in 2022.
Vacancy Rate % in Northeast region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Commercial 19.2%
Largest Zones share of zoned land by district
No Zoning
Rural Residential
Resource Protection
Commercial Fisheries
Marine Activities
Rural Residential (RR)
The Rural Residential District includes those areas suitable for residential and recreational development. It includes areas other than those in the Resource Protection District, or Stream Protection District, and areas which are used less intensively than those in the Commercial Fisheries District, the Marine Activities District.
Market overview
Demographics & Economy
Friendship, ME has 1,142 residents in 846 households. Density runs 81 people per square mile. Median household income here is $66,618 and median gross rent $1,235 a month.
1,142
Population
846
Households
1.3
Avg Household Size
51
Median Age
42%
College-Educated
98%
High-School Grad
14.1 sq mi
ZIP Area
81
Density / Sq Mi
$66,618
Median Household Income
$50,809
Median Earnings
$1,235
Median Rent
$265,300
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Cushing | — | — |
| Saint George | — | — |
| Thomaston | — | — |
| Waldoboro | — | — |
Frequently Asked Questions
Where does Realmo's Friendship market data come from?
Realmo compiles Friendship, ME figures from 2 active sale listings, 28 tracked off-market properties, the current Friendship zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 2 active for-sale and 0 active for-lease listings in Friendship, ME. 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: 9,031 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 Northeast region level, retail vacancy is reported at Northeast region level and industrial vacancy is reported at Northeast 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
