Commercial Real Estate Market in North Carolina
North Carolina has 5,128 active for-sale listings and 3,501 active for-lease listings. Statewide, the median asking price is $179/SF and the median asking rent is $19.87/SF/Yr as of November 2026. Realmo tracks 142 city markets here; among the 52 with enough listings to rank, median asking prices range from $74/SF in Henderson to $432/SF in Southport.
- Median asking price
- $179/SF
- Median asking rent
- $19.87/SF/Yr
- For-sale listings
- 5,128
- For-lease listings
- 3,501
- City markets
- 142
Highest- and Lowest-Priced Markets
Asking prices vary across North Carolina: the median in Southport is $432/SF, 5.9x the $74/SF median in Henderson. The figures below are median asking prices from live listings, not closed sales.
Asking Prices
The highest median asking prices are in Southport at $432/SF, Beaufort at $396/SF and Chapel Hill at $303/SF. The lowest median asking prices are in Henderson at $74/SF, Kinston at $85/SF and Williamston at $88/SF. 21 of 52 ranked markets have median asking prices above the statewide $179/SF.
Asking Rents
The highest median asking rents are in Wilmington at $31.76/SF/Yr, Pinehurst at $30.34/SF/Yr and Clayton at $30.00/SF/Yr. The lowest median asking rents are in Henderson at $10.56/SF/Yr, Hickory at $12.00/SF/Yr and Morehead City at $14.39/SF/Yr. 11 of 22 ranked markets have median asking rents above the statewide $19.87/SF/Yr.
North Carolina vs. Neighboring States
The median asking price in North Carolina is $179/SF, above the $171/SF median of its 4 neighboring states. By median asking price, the state ranks 2nd of 5 in the group; Virginia is highest at $248/SF and Tennessee lowest at $142/SF. The median asking rent is $19.87/SF/Yr, compared with $16.95/SF/Yr in Georgia, $19.50/SF/Yr in Virginia and $18.00/SF/Yr in South Carolina next door. The statewide median asking price is in line with the U.S. median of $178/SF.
| State | Median Asking Price, $/SF | Median Asking Rent, $/SF/Yr | For-Sale Listings | For-Lease Listings |
|---|---|---|---|---|
| North Carolina | $179 | $19.87 | 5,128 | 3,501 |
| Georgia | $169 | $16.95 | 6,822 | 4,167 |
| South Carolina | $173 | $18.00 | 3,103 | 2,822 |
| Tennessee | $142 | $18.00 | 3,658 | 2,259 |
| Virginia | $248 | $19.50 | 4,801 | 4,054 |
| United States | $178 | $18.28 | 265,785 | 185,367 |
A dash means fewer than 10 listings with a usable price.
Commercial Real Estate Markets in North Carolina
Realmo tracks 142 city markets in North Carolina; the 40 with the most active listings are listed below. Charlotte leads with 824 active listings, followed by Asheville and Raleigh.
| City | Active Listings | Median Asking Price, $/SF | Median Asking Rent, $/SF/Yr |
|---|---|---|---|
| Charlotte | 824 | $259 | $25.82 |
| Asheville | 374 | $299 | $23.00 |
| Raleigh | 352 | $272 | $26.50 |
| Fayetteville | 348 | $140 | $16.77 |
| Wilmington | 285 | $266 | $31.76 |
| Durham | 275 | $244 | $27.50 |
| Greensboro | 272 | $223 | — |
| Jacksonville | 231 | $153 | $18.19 |
| Greenville | 137 | $136 | $22.00 |
| Hickory | 132 | $167 | $12.00 |
| Wilson | 123 | $113 | $15.22 |
| High Point | 121 | $59 | — |
| New Bern | 110 | $154 | $15.50 |
| Cary | 105 | $290 | $26.00 |
| Gastonia | 105 | $138 | — |
| Elizabeth City | 100 | $191 | $18.27 |
| Concord | 99 | $196 | $19.00 |
| Goldsboro | 99 | $192 | $18.71 |
| Rocky Mount | 91 | $91 | — |
| Burlington | 79 | $123 | — |
| Statesville | 74 | $131 | — |
| Mooresville | 72 | — | $21.22 |
| Salisbury | 66 | $156 | — |
| Hendersonville | 64 | $235 | — |
| Monroe | 64 | — | — |
| Franklin | 61 | $200 | — |
| Chapel Hill | 56 | $303 | — |
| Lumberton | 52 | $94 | — |
| Morehead City | 51 | $183 | $14.39 |
| Waynesville | 51 | $242 | — |
| Whiteville | 51 | $96 | — |
| Oak Park | 48 | $201 | — |
| Southern Pines | 46 | — | $28.80 |
| Cornelius | 44 | — | — |
| Henderson | 44 | $74 | $10.56 |
| Kinston | 42 | $85 | — |
| Lenoir | 40 | — | — |
| Dunn | 39 | $129 | — |
| Kannapolis | 39 | $207 | — |
| Matthews | 39 | — | — |
Same method as the statewide figures. A dash means fewer than 10 listings with a usable price.
Frequently Asked Questions
What is the median price per square foot for commercial property in North Carolina?
How much does it cost to lease commercial space in North Carolina?
Which cities have the highest and lowest commercial property prices?
How do commercial property prices in North Carolina compare with neighboring states?
Which markets in North Carolina have the most active listings?
Where does Realmo's market data come from?
Methodology and Data Sources
- Listing coverage
- Asking figures come from 5,128 active for-sale and 3,501 active for-lease listings across North Carolina in Realmo's public listing index. They are asking prices, not closed-transaction prices. Sale and lease counts are separate and may overlap. Land listings are not counted. The medians are based on the 2,421 for-sale and 1,097 for-lease listings that state a price or rent per square foot.
- Asking prices and rents
- Prices are medians of each listing's asking price per square foot, so a few very high or very low listings do not skew them. Data-entry errors are left out, and a median is published only with at least 10 listings with a usable price. A listing with a price range can contribute both endpoints.
- Neighboring states
- Neighboring-state comparisons use the same method and the same snapshot for every state, plus the United States as a reference.
- City markets
- The city list includes cities with more than 3 active listings whose market page has enough data to publish, ordered by active listings, up to 40. The price ranking covers cities with at least 10 priced listings for each metric and leaves out a city more than three times above or below the statewide median. City counts and prices use the same method as the statewide figures, so the table compares like with like; a city's own market page uses its own method, so its figures can differ.
- Updates
- Statewide and neighboring-state figures refresh hourly and city figures daily. Last updated 6 November 2026.
