Commercial Real Estate Market in Franklinville, NC
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
7 active listings and 55 off-market properties in Franklinville, NC.
Market Trends
Franklinville, NC spans 34.4 square miles in Randolph County, North Carolina. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Franklinville, NC runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Vacancy Rate % in South region
Retail
Retail space in Franklinville, NC asks $70/SF to buy. Vacancy runs 5.4% across the South region in 2025, down from 7% in 2020.
Average Sale Price $/SF
Listings
Vacancy Rate % in South region
Industrial
Industrial vacancy in Franklinville, 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 Franklinville, 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 82.3%
- Commercial 9.6%
Largest Zones share of zoned land by district
Residential Restricted
Neighborhood Residential
Town Center
Highway Commercial
Neighborhood Commercial
Franklinville, NC zones 3,732 acres across 5 districts. Commercial zoning covers 9.6% of zoned land, residential 82.3%. The largest single district is Residential Restricted at 47.5%. For commercial buyers the practical constraint is that only 9.6% of land carries a commercial or industrial designation.
Market overview
Demographics & Economy
Franklinville, NC has 4,535 residents in 1,842 households. Density runs 132 people per square mile. Median household income here is $61,667 and median gross rent $1,003 a month.
4,535
Population
1,842
Households
2.5
Avg Household Size
41
Median Age
15%
College-Educated
82%
High-School Grad
34.4 sq mi
ZIP Area
132
Density / Sq Mi
$61,667
Median Household Income
$36,754
Median Earnings
$1,003
Median Rent
$168,800
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Ramseur | — | — |
| Cedar Falls | — | — |
| Asheboro | — | — |
| Millboro | — | — |
Frequently Asked Questions
What zoning applies to commercial property in Franklinville?
Franklinville, NC zones 3,732 acres across 5 districts, of which 9.6% is commercial and 0% industrial. The largest single district is Residential Restricted at 47.5% of zoned land. Residential zoning covers 82.3% and open space 0%.
Where does Realmo's Franklinville market data come from?
Realmo compiles Franklinville, NC figures from 2 recent recorded sales, 7 active sale listings, 55 tracked off-market properties, the current Franklinville zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 7 active for-sale and 0 active for-lease listings in Franklinville, 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: 3,732 zoned acres across 5 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
