Commercial Real Estate Market in Goldsboro, NC
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
237 active listings and 2,921 off-market properties in Goldsboro, NC. Commercial property asks $136/SF to buy and $15.68/SF/Yr to lease.
Market Trends
Goldsboro, NC spans 183.2 square miles in Wayne County, North Carolina. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Goldsboro, 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 Goldsboro, NC runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Goldsboro, 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 Goldsboro, 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
- Commercial 45.9%
- Residential 29.4%
- Industrial 12.4%
- Civic 12%
- Planned_development 0.4%
Largest Zones share of zoned land by district
Residential 16
Residential 20 A
Industrial 2
Office And Institution 1
General Business
Goldsboro, NC zones 30,126 acres across 30 districts. Commercial zoning covers 45.9% of zoned land, residential 29.4% and industrial 12.4%. The largest single district is Residential 16 at 24.4%. For commercial buyers the practical constraint is that only 58.3% of land carries a commercial or industrial designation.
Residential 16 (R-16)
The purpose of R-16 zone is established to accommodate low density, single family residential uses and to prohibit all activities of a commercial nature, except certain home occupations. The minimum lot size is sixteen thousand square feet
Market overview
Demographics & Economy
Goldsboro, NC has 69,259 residents in 32,972 households. Density runs 378 people per square mile. Median household income here is $57,513 and median gross rent $953 a month.
69,259
Population
32,972
Households
2.1
Avg Household Size
39
Median Age
25%
College-Educated
90%
High-School Grad
183.2 sq mi
ZIP Area
378
Density / Sq Mi
$57,513
Median Household Income
$38,314
Median Earnings
$953
Median Rent
$181,557
Median Home Value
Tools
Lease vs Buy Breakeven
At $15.68/SF/Yr lease vs $136/SF buy → buying wins if held > 1.1 years.
At a 11.5% gross asking yield the payback reads short relative to leasing. Assumes 30% down at 6.5% fixed, 2% a year in taxes and upkeep, 3% appreciation, 5% opportunity cost, 2% closing plus 5% selling costs, and a 3% annual rent escalator.
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Patetown | — | — |
| Walnut Creek | — | — |
| Dudley | — | — |
| Pikeville | — | — |
Commercial property in Goldsboro, NC asks $136/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Goldsboro?
Commercial property in Goldsboro, NC asks an average of $136 per square foot. The 5 most recent recorded sales traded at a median of $99/SF, so asking sits 37% above the achieved median.
How much does it cost to lease commercial space in Goldsboro?
Asking lease rates in Goldsboro, NC average $15.68 per square foot per year.
Is it cheaper to lease or buy commercial space in Goldsboro?
Buying beats leasing in Goldsboro, NC if the property is held longer than 1.1 years, comparing $15.68/SF/Yr asking rent with $136/SF asking price. The model assumes 30% down at 6.5% fixed, 2% of value per year in taxes and upkeep, 3% appreciation, 5% opportunity cost on the cash and a 3% annual rent escalator.
What zoning applies to commercial property in Goldsboro?
Goldsboro, NC zones 30,126 acres across 30 districts, of which 45.9% is commercial and 12.4% industrial. The largest single district is Residential 16 at 24.4% of zoned land. The purpose of R-16 zone is established to accommodate low density, single family residential uses and to prohibit all activities of a commercial nature, except certain home occupations. The minimum lot size is sixteen thousand square feet Residential zoning covers 29.4% and open space 0%.
Where does Realmo's Goldsboro market data come from?
Realmo compiles Goldsboro, NC figures from 6 recent recorded sales, 218 active sale listings, 19 active lease listings, 2,921 tracked off-market properties, the current Goldsboro zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 218 active for-sale and 19 active for-lease listings in Goldsboro, 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: 30,126 zoned acres across 30 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
