Commercial Real Estate Market in Maryland, NY
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
10 active listings and 34 off-market properties in Maryland, NY.
Market Trends
Maryland, NY spans 40.1 square miles in Otsego County, New York. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Maryland, NY runs 19.9% across the Northeast region in 2025, up from 13.1% in 2019.
Vacancy Rate % in Northeast region
Retail
Retail vacancy in Maryland, NY runs 6% across the Northeast region in 2025, little changed from 6% in 2019. Down from a 2020 peak of 7.1%.
Vacancy Rate % in Northeast region
Industrial
Industrial vacancy in Maryland, NY 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 space in Maryland, NY asks $97/SF to buy. Vacancy runs 5.6% across the Northeast region in 2025, up from 4% in 2022.
Average Sale Price $/SF
Listings
Vacancy Rate % in Northeast region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Agricultural 84.1%
- Residential 13.1%
- Mixed use 2.7%
- Commercial 0.1%
Largest Zones share of zoned land by district
Conservation
Rural Residential Agricultural
Residential Mixed Use
Residential Hamlet
Business District
Conservation (C-5)
The purpose of the district is to protect the town from over development in and around natural areas and environmentally sensitive areas important to the maintenance of the overall rural character of the Town of Maryland
Market overview
Demographics & Economy
Maryland, NY has 1,713 residents in 930 households. Density runs 43 people per square mile. Median household income here is $76,359 and median gross rent $1,100 a month.
1,713
Population
930
Households
1.8
Avg Household Size
50
Median Age
28%
College-Educated
98%
High-School Grad
40.1 sq mi
ZIP Area
43
Density / Sq Mi
$76,359
Median Household Income
$42,232
Median Earnings
$1,100
Median Rent
$141,800
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Portlandville | — | — |
| Milford | — | — |
| North Kortright | — | — |
| Milford Center | — | $14.03 |
Commercial property in Maryland, NY asks $25/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Maryland?
Commercial property in Maryland, NY asks an average of $25 per square foot. Multifamily carries the highest asking price at $97/SF.
Where does Realmo's Maryland market data come from?
Realmo compiles Maryland, NY figures from 2 recent recorded sales, 10 active sale listings, 34 tracked off-market properties, the current Maryland zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 10 active for-sale and 0 active for-lease listings in Maryland, NY. 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: 33,564 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
