Commercial Real Estate Market in Carrboro, NC
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
11 active listings and 190 off-market properties in Carrboro, NC.
Market Trends
Carrboro, NC spans 3.2 square miles in Orange County, North Carolina. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Carrboro, 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 Carrboro, NC runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Carrboro, 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 Carrboro, NC runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Vacancy Rate % in South region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 68.9%
- Civic 24.9%
- Commercial 2.2%
- Industrial 1.3%
- Mixed use 1%
- Planned_development 0.8%
Largest Zones share of zoned land by district
Rural Residential
Watershed Residential
Residential
Residential
Residential
Carrboro, NC zones 7,760 acres across 28 districts. Commercial zoning covers 2.2% of zoned land, residential 68.9% and industrial 1.3%. The largest single district is Rural Residential at 21.1%. For commercial buyers the practical constraint is that only 3.5% of land carries a commercial or industrial designation.
Market overview
Demographics & Economy
Carrboro, NC has 14,801 residents in 7,671 households. Density runs 4,628 people per square mile. Median household income here is $62,737 and median gross rent $1,360 a month.
14,801
Population
7,671
Households
1.9
Avg Household Size
32
Median Age
65%
College-Educated
94%
High-School Grad
3.2 sq mi
ZIP Area
4,628
Density / Sq Mi
$62,737
Median Household Income
$40,835
Median Earnings
$1,360
Median Rent
$439,200
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Chapel Hill | — | — |
| Fearrington | — | — |
| Fearrington Village | — | — |
| Bynum | — | — |
Commercial property in Carrboro, NC asks $446/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Carrboro?
Commercial property in Carrboro, NC asks an average of $446 per square foot.
What zoning applies to commercial property in Carrboro?
Carrboro, NC zones 7,760 acres across 28 districts, of which 2.2% is commercial and 1.3% industrial. The largest single district is Rural Residential at 21.1% of zoned land. Residential zoning covers 68.9% and open space 0%.
Where does Realmo's Carrboro market data come from?
Realmo compiles Carrboro, NC figures from 3 recent recorded sales, 9 active sale listings, 2 active lease listings, 190 tracked off-market properties, the current Carrboro zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 9 active for-sale and 2 active for-lease listings in Carrboro, 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.
- Zoning and land use
- The current municipal zoning release: 7,760 zoned acres across 28 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 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
