Commercial Real Estate Market in Franklinton, NC
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
43 active listings and 180 off-market properties in Franklinton, NC.
Market Trends
Franklinton, NC spans 93.8 square miles in Franklin County, North Carolina. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Franklinton, 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 Franklinton, NC runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Franklinton, 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 Franklinton, 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
- Civic 46%
- Residential 20.8%
- Planned_development 11.2%
- Industrial 10.7%
- Commercial 9.3%
- Open space 1.9%
- Mixed use 0.2%
Largest Zones share of zoned land by district
Residential Single Family Low
Residential Single Family Medium
Residential Agricultural
Planned Development
Light Industrial
Residential Single Family Low (RSL)
The RSL district is established to accommodate primarily single family detached residential dwellings in neighborhood settings, along with complimentary accessory and neighborhood uses such as churches, schools, and parks at low densities
Market overview
Demographics & Economy
Franklinton, NC has 16,684 residents in 7,071 households. Density runs 178 people per square mile. Median household income here is $68,847 and median gross rent $1,011 a month.
16,684
Population
7,071
Households
2.4
Avg Household Size
40
Median Age
27%
College-Educated
91%
High-School Grad
93.8 sq mi
ZIP Area
178
Density / Sq Mi
$68,847
Median Household Income
$44,701
Median Earnings
$1,011
Median Rent
$258,300
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Youngsville | — | — |
| Louisburg | — | — |
| Kittrell | — | — |
| Wake Forest | — | $33.44 |
Commercial property in Franklinton, NC asks $22/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Franklinton?
Commercial property in Franklinton, NC asks an average of $22 per square foot. The 5 most recent recorded sales traded at a median of $226/SF.
Where does Realmo's Franklinton market data come from?
Realmo compiles Franklinton, NC figures from 5 recent recorded sales, 43 active sale listings, 180 tracked off-market properties, the current Franklinton zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 43 active for-sale and 0 active for-lease listings in Franklinton, 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: 5,575 zoned acres across 17 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
