Commercial Real Estate Market in Gerrardstown, WV
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
5 active listings and 23 off-market properties in Gerrardstown, WV.
Market Trends
Gerrardstown, WV spans 29.8 square miles in Berkeley County, West Virginia. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Gerrardstown, WV runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Vacancy Rate % in South region
Retail
Retail vacancy in Gerrardstown, WV runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Gerrardstown, WV 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 Gerrardstown, WV runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Vacancy Rate % in South region
Market overview
Demographics & Economy
Gerrardstown, WV has 4,402 residents in 2,148 households. Density runs 148 people per square mile. Median household income here is $96,020 and median gross rent $768 a month.
4,402
Population
2,148
Households
2
Avg Household Size
41
Median Age
40%
College-Educated
93%
High-School Grad
29.8 sq mi
ZIP Area
148
Density / Sq Mi
$96,020
Median Household Income
$46,115
Median Earnings
$768
Median Rent
$274,600
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Inwood | — | — |
| Glengary | — | — |
| Ridgeway | — | — |
| Clear Brook | — | — |
Methodology & data sources
- Asking prices and averages
- Computed from 5 active for-sale and 0 active for-lease listings in Gerrardstown, WV. 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
