Commercial Real Estate Market in Farmville, NC
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
23 active listings and 312 off-market properties in Farmville, NC.
Market Trends
Farmville, NC spans 79.3 square miles in Pitt County, North Carolina. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Farmville, 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 Farmville, NC runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Farmville, 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 Farmville, 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 81.1%
- Industrial 14.4%
- Commercial 4.4%
- Civic 0.1%
Largest Zones share of zoned land by district
Residential Agriculture
Industrial District
Residential
Residential
Highway Business District
Farmville, NC zones 7,649 acres across 14 districts. Commercial zoning covers 4.4% of zoned land, residential 81.1% and industrial 14.4%. The largest single district is Residential Agriculture at 61.3%. For commercial buyers the practical constraint is that only 18.8% of land carries a commercial or industrial designation.
Residential Agriculture (RA20)
Yes, manufactured homes are allowed in the RA-20 within the RMHA A and RHMA B Overlay Districts and as a Conditional Use in RA -20. Contact the Farmville Planning Dept. for more inf o. Are modular homes allowed? Yes, they are treated the same as any o ther single - family dwelling, are allowed in all reside ntial dis tricts, and are subject to certain design…
Market overview
Demographics & Economy
Farmville, NC has 8,673 residents in 4,006 households. Density runs 109 people per square mile. Median household income here is $53,523 and median gross rent $947 a month.
8,673
Population
4,006
Households
2.2
Avg Household Size
42
Median Age
20%
College-Educated
84%
High-School Grad
79.3 sq mi
ZIP Area
109
Density / Sq Mi
$53,523
Median Household Income
$36,970
Median Earnings
$947
Median Rent
$156,000
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Bellarthur | — | — |
| Fountain | — | — |
| Walstonburg | — | — |
| Maury | — | — |
Frequently Asked Questions
What zoning applies to commercial property in Farmville?
Farmville, NC zones 7,649 acres across 14 districts, of which 4.4% is commercial and 14.4% industrial. The largest single district is Residential Agriculture at 61.3% of zoned land. Yes, manufactured homes are allowed in the RA-20 within the RMHA A and RHMA B Overlay Districts and as a Conditional Use in RA -20. Contact the Farmville Planning Dept. for more inf o. Are modular homes allowed? Yes, they are treated the same as any o ther single - family dwelling, are allowed in all reside ntial dis tricts, and are subject to certain design… Residential zoning covers 81.1% and open space 0%.
Where does Realmo's Farmville market data come from?
Realmo compiles Farmville, NC figures from 22 active sale listings, 1 active lease listings, 312 tracked off-market properties, the current Farmville zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 22 active for-sale and 1 active for-lease listings in Farmville, 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: 7,649 zoned acres across 14 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
