Commercial Real Estate Market in Castle Hayne, NC
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
39 active listings and 180 off-market properties in Castle Hayne, NC. Commercial property asks $498/SF to buy and $28.87/SF/Yr to lease.
Market Trends
Castle Hayne, NC spans 39.7 square miles in New Hanover County, North Carolina. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Castle Hayne, 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 Castle Hayne, NC runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Castle Hayne, 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 Castle Hayne, 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
Castle Hayne, NC has 8,802 residents in 3,906 households. Density runs 222 people per square mile. Median household income here is $73,259 and median gross rent $870 a month.
8,802
Population
3,906
Households
2.3
Avg Household Size
43
Median Age
25%
College-Educated
89%
High-School Grad
39.7 sq mi
ZIP Area
222
Density / Sq Mi
$73,259
Median Household Income
$37,337
Median Earnings
$870
Median Rent
$231,900
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Rocky Point | — | — |
| Cape Fear | — | — |
| Wilmington | — | $54.09 |
| Navassa | — | — |
Commercial property in Castle Hayne, NC asks $498/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Castle Hayne?
Commercial property in Castle Hayne, NC asks an average of $498 per square foot. The 5 most recent recorded sales traded at a median of $217/SF, so asking sits 130% above the achieved median.
How much does it cost to lease commercial space in Castle Hayne?
Asking lease rates in Castle Hayne, NC average $28.87 per square foot per year.
Where does Realmo's Castle Hayne market data come from?
Realmo compiles Castle Hayne, NC figures from 6 recent recorded sales, 36 active sale listings, 3 active lease listings, 180 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 36 active for-sale and 3 active for-lease listings in Castle Hayne, 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
