Commercial Real Estate Market in Black Mountain, NC
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
215 active listings and 367 off-market properties in Black Mountain, NC. Commercial property asks $2,131/SF to buy and $19.00/SF/Yr to lease.
Market Trends
Black Mountain, NC spans 103.9 square miles in Buncombe County, North Carolina. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Black Mountain, NC runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Vacancy Rate % in South region
Retail
Retail vacancy in Black Mountain, NC runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Black Mountain, NC 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 Black Mountain, NC runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Vacancy Rate % in South region
Market overview
Demographics & Economy
Black Mountain, NC has 14,047 residents in 7,563 households. Density runs 135 people per square mile. Median household income here is $69,177 and median gross rent $1,319 a month.
14,047
Population
7,563
Households
1.9
Avg Household Size
49
Median Age
54%
College-Educated
92%
High-School Grad
103.9 sq mi
ZIP Area
135
Density / Sq Mi
$69,177
Median Household Income
$38,677
Median Earnings
$1,319
Median Rent
$358,400
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Ridgecrest | — | — |
| Montreat | — | — |
| Swannanoa | — | — |
| Old Fort | — | — |
Commercial property in Black Mountain, NC asks $2,131/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Black Mountain?
Commercial property in Black Mountain, NC asks an average of $2,131 per square foot. The 5 most recent recorded sales traded at a median of $367/SF, so asking sits 481% above the achieved median.
How much does it cost to lease commercial space in Black Mountain?
Asking lease rates in Black Mountain, NC average $19.00 per square foot per year.
Where does Realmo's Black Mountain market data come from?
Realmo compiles Black Mountain, NC figures from 5 recent recorded sales, 211 active sale listings, 4 active lease listings, 367 tracked off-market properties. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 211 active for-sale and 4 active for-lease listings in Black Mountain, NC. 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, 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
