Commercial Real Estate Market in Concord, NC
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
222 active listings and 2,425 off-market properties in Concord, NC.
Market Trends
Concord, NC spans 177.4 square miles in Cabarrus County, North Carolina. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Concord, 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 Concord, NC runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Concord, 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 Concord, 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 33.3%
- Industrial 26.4%
- Commercial 20.8%
- Mixed use 10.7%
- Planned_development 4.6%
- Civic 3.8%
Largest Zones share of zoned land by district
Residential Medium Density District
General Industrial District
General Commercial District
Residential Medium Density District
Residential Compact District
Concord, NC zones 42,846 acres across 44 districts. Commercial zoning covers 20.8% of zoned land, residential 33.3% and industrial 26.4%. The largest single district is Residential Medium Density District at 13.7%. For commercial buyers the practical constraint is that only 47.2% of land carries a commercial or industrial designation.
Residential Medium Density District (RM-1)
The RM-1 District is established to provide areas for medium density, single family residential uses, with a maximum of three dwelling units per acre, where facilities and services exist with capacity to serve development. RM-1 provides flexible minimum lot size and density requirements in order to allow for market and design flexibility while preserving the…
Market overview
Demographics & Economy
Concord, NC has 134,738 residents in 55,209 households. Density runs 760 people per square mile. Median household income here is $84,851 and median gross rent $1,342 a month.
134,738
Population
55,209
Households
2.4
Avg Household Size
37
Median Age
38%
College-Educated
92%
High-School Grad
177.4 sq mi
ZIP Area
760
Density / Sq Mi
$84,851
Median Household Income
$46,464
Median Earnings
$1,342
Median Rent
$308,260
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Harrisburg | — | — |
| Fisher Town | — | — |
| Kannapolis | — | $13.80 |
| Mount Pleasant | — | — |
Frequently Asked Questions
What zoning applies to commercial property in Concord?
Concord, NC zones 42,846 acres across 44 districts, of which 20.8% is commercial and 26.4% industrial. The largest single district is Residential Medium Density District at 13.7% of zoned land. The RM-1 District is established to provide areas for medium density, single family residential uses, with a maximum of three dwelling units per acre, where facilities and services exist with capacity to serve development. RM-1 provides flexible minimum lot size and density requirements in order to allow for market and design flexibility while preserving the… Residential zoning covers 33.3% and open space 0%.
Where does Realmo's Concord market data come from?
Realmo compiles Concord, NC figures from 7 recent recorded sales, 169 active sale listings, 53 active lease listings, 2,425 tracked off-market properties, the current Concord zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 169 active for-sale and 53 active for-lease listings in Concord, 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: 42,846 zoned acres across 44 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
