Commercial Real Estate Market in Granite Falls, NC
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
97 active listings and 396 off-market properties in Granite Falls, NC.
Market Trends
Granite Falls, NC spans 61.0 square miles in Caldwell County, North Carolina. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Granite Falls, 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 Granite Falls, NC runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Granite Falls, 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 Granite Falls, 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
Granite Falls, NC has 19,772 residents in 9,220 households. Density runs 324 people per square mile. Median household income here is $65,713 and median gross rent $808 a month.
19,772
Population
9,220
Households
2.1
Avg Household Size
44
Median Age
18%
College-Educated
82%
High-School Grad
61 sq mi
ZIP Area
324
Density / Sq Mi
$65,713
Median Household Income
$41,407
Median Earnings
$808
Median Rent
$197,800
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Rhodhiss | — | — |
| Sawmills | — | — |
| Grace Chapel | — | — |
| Hudson | — | — |
Commercial property in Granite Falls, NC asks $257/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Granite Falls?
Commercial property in Granite Falls, NC asks an average of $257 per square foot. The 5 most recent recorded sales traded at a median of $54/SF, so asking sits 378% above the achieved median.
Where does Realmo's Granite Falls market data come from?
Realmo compiles Granite Falls, NC figures from 5 recent recorded sales, 97 active sale listings, 396 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 97 active for-sale and 0 active for-lease listings in Granite Falls, 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
