Commercial Real Estate Market in Grandy, NC
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
18 active listings and 142 off-market properties in Grandy, NC.
Market Trends
Grandy, NC spans 7.6 square miles in Currituck County, North Carolina. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Grandy, 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 Grandy, NC runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Grandy, 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 Grandy, NC runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Vacancy Rate % in South region
Market overview
Demographics & Economy
Grandy, NC has 2,722 residents in 1,324 households. Density runs 356 people per square mile. Median household income here is $63,188 and median gross rent $1,092 a month.
2,722
Population
1,324
Households
2.1
Avg Household Size
47
Median Age
21%
College-Educated
87%
High-School Grad
7.6 sq mi
ZIP Area
356
Density / Sq Mi
$63,188
Median Household Income
$36,075
Median Earnings
$1,092
Median Rent
$304,000
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Jarvisburg | — | — |
| Poplar Branch | — | — |
| Aydlett | — | — |
| Powells Point | — | — |
Commercial property in Grandy, NC asks $1,917/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Grandy?
Commercial property in Grandy, NC asks an average of $1,917 per square foot. The 4 most recent recorded sales traded at a median of $260/SF, so asking sits 636% above the achieved median.
Where does Realmo's Grandy market data come from?
Realmo compiles Grandy, NC figures from 5 recent recorded sales, 18 active sale listings, 142 tracked off-market properties. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 18 active for-sale and 0 active for-lease listings in Grandy, 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.
- 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, industrial vacancy is reported at South region level and asking prices run materially above recent closed pricing.
- 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
