Commercial Real Estate Market in Colfax, NC
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
19 active listings and 124 off-market properties in Colfax, NC.
Market Trends
Colfax, NC spans 13.3 square miles in Guilford County, North Carolina. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Colfax, 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 Colfax, NC runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Colfax, 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 Colfax, 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
Colfax, NC has 4,876 residents in 2,095 households. Density runs 367 people per square mile. Median household income here is $101,440 and median gross rent $1,932 a month.
4,876
Population
2,095
Households
2.3
Avg Household Size
48
Median Age
40%
College-Educated
95%
High-School Grad
13.3 sq mi
ZIP Area
367
Density / Sq Mi
$101,440
Median Household Income
$54,227
Median Earnings
$1,932
Median Rent
$281,200
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Kernersville | — | $20.69 |
| Friendship | — | — |
| Union Cross | — | — |
| Oak Ridge | — | — |
Commercial property in Colfax, NC asks $4,312,005/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Colfax?
Commercial property in Colfax, NC asks an average of $4,312,005 per square foot. The 3 most recent recorded sales traded at a median of $179/SF, so asking sits 2411614% above the achieved median.
Where does Realmo's Colfax market data come from?
Realmo compiles Colfax, NC figures from 4 recent recorded sales, 19 active sale listings, 124 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 19 active for-sale and 0 active for-lease listings in Colfax, 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
