Commercial Real Estate Market in Gatesville, NC
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
7 active listings and 99 off-market properties in Gatesville, NC.
Market Trends
Gatesville, NC spans 51.1 square miles in Gates County, North Carolina. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Gatesville, 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 Gatesville, NC runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Gatesville, 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 Gatesville, 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
- Agricultural 99%
- Residential 1%
Largest Zones share of zoned land by district
Agriculture
Residential
Agriculture (A-1)
The Agricultural (A-1) district is established to accommodate agriculture, agriculturally related uses, and limited forms residential development at very low densities in rural portions of the County. The district is primarily intended to preserve and protect bona fide farms and resource lands for current or future agricultural use as well as to protect the…
Market overview
Demographics & Economy
Gatesville, NC has 1,330 residents in 874 households. Density runs 26 people per square mile. Median household income here is $49,757.
1,330
Population
874
Households
1.5
Avg Household Size
52
Median Age
7%
College-Educated
89%
High-School Grad
51.1 sq mi
ZIP Area
26
Density / Sq Mi
$49,757
Median Household Income
$48,051
Median Earnings
$0
Median Rent
$119,200
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Roduco | — | — |
| Eure | — | — |
| Gates | — | — |
| Harrellsville | — | — |
Frequently Asked Questions
Where does Realmo's Gatesville market data come from?
Realmo compiles Gatesville, NC figures from 3 recent recorded sales, 7 active sale listings, 99 tracked off-market properties, the current Gatesville 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 Gatesville, 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: 301 zoned acres across 2 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
