Commercial Real Estate Market in Havelock, NC
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
122 active listings and 428 off-market properties in Havelock, NC. Commercial property asks $118/SF to buy and $11.21/SF/Yr to lease.
Market Trends
Havelock, NC spans 166.1 square miles in Craven County, North Carolina. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Havelock, 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 Havelock, NC runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Havelock, 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 Havelock, 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 40.6%
- Special 37.1%
- Civic 17.3%
- Commercial 3.8%
- Industrial 1.2%
Largest Zones share of zoned land by district
Military Reserve
Residential Agricultural
Governmental Services
Single Family Residential
Highway Commercial
Military Reserve (MR)
The M-R District is intended to accommodate the military installations under the authority of the planning and zoning jurisdiction of the city. The purpose of the MR zone is to meet the purpose and intent of G.S. § 160D-702 by providing zoning coverage to the entire corporate area while providing adequate zoning protection for properties that are presently h…
Market overview
Demographics & Economy
Havelock, NC has 22,132 residents in 8,680 households. Density runs 133 people per square mile. Median household income here is $65,772 and median gross rent $1,270 a month.
22,132
Population
8,680
Households
2.5
Avg Household Size
30
Median Age
19%
College-Educated
93%
High-School Grad
166.1 sq mi
ZIP Area
133
Density / Sq Mi
$65,772
Median Household Income
$37,883
Median Earnings
$1,270
Median Rent
$193,200
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Neuse Forest | — | — |
| Newport | — | — |
| Minnesott Beach | — | — |
| Kennells Beach | — | — |
Commercial property in Havelock, NC asks $118/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Havelock?
Commercial property in Havelock, NC asks an average of $118 per square foot. The 6 most recent recorded sales traded at a median of $73/SF, so asking sits 60% above the achieved median.
How much does it cost to lease commercial space in Havelock?
Asking lease rates in Havelock, NC average $11.21 per square foot per year.
Where does Realmo's Havelock market data come from?
Realmo compiles Havelock, NC figures from 7 recent recorded sales, 116 active sale listings, 6 active lease listings, 428 tracked off-market properties, the current Havelock zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 116 active for-sale and 6 active for-lease listings in Havelock, 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: 33,776 zoned acres across 16 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
