Commercial Real Estate Market in Hendersonville, NC
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
369 active listings and 2,022 off-market properties in Hendersonville, NC. Commercial property asks $728/SF to buy and $18.54/SF/Yr to lease.
Market Trends
Hendersonville, NC spans 180.7 square miles in Henderson County, North Carolina. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Hendersonville, 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 Hendersonville, NC runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Hendersonville, 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 Hendersonville, 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 69.1%
- Commercial 14.9%
- Industrial 8.9%
- Mixed use 5.1%
- Civic 2.1%
Largest Zones share of zoned land by district
Medium Density Residential
Low Density Residential
Highway Business District
Planned Residential Conditional Zoning District
Industrial District
Hendersonville, NC zones 9,467 acres across 47 districts. Commercial zoning covers 14.9% of zoned land, residential 69.1% and industrial 8.9%. The largest single district is Medium Density Residential at 36.3%. For commercial buyers the practical constraint is that only 23.8% of land carries a commercial or industrial designation.
Medium Density Residential (R-15)
R-15 zoning district classification is for areas in which the principal use of land is for medium-density single-family residences. It is expected that all dwellings in such district will have access to public water supplies or public sewage disposal facilities or a reasonable expectation of such service in the future.
Market overview
Demographics & Economy
Hendersonville, NC has 72,129 residents in 36,515 households. Density runs 399 people per square mile. Median household income here is $64,379 and median gross rent $1,101 a month.
72,129
Population
36,515
Households
2
Avg Household Size
49
Median Age
35%
College-Educated
91%
High-School Grad
180.7 sq mi
ZIP Area
399
Density / Sq Mi
$64,379
Median Household Income
$34,978
Median Earnings
$1,101
Median Rent
$302,870
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Carolina Hills | — | — |
| Laurel Park | — | — |
| East Flat Rock | — | — |
| Flat Rock | — | — |
Commercial property in Hendersonville, NC asks $728/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Hendersonville?
Commercial property in Hendersonville, NC asks an average of $728 per square foot. The 5 most recent recorded sales traded at a median of $148/SF, so asking sits 392% above the achieved median.
How much does it cost to lease commercial space in Hendersonville?
Asking lease rates in Hendersonville, NC average $18.54 per square foot per year.
What zoning applies to commercial property in Hendersonville?
Hendersonville, NC zones 9,467 acres across 47 districts, of which 14.9% is commercial and 8.9% industrial. The largest single district is Medium Density Residential at 36.3% of zoned land. R-15 zoning district classification is for areas in which the principal use of land is for medium-density single-family residences. It is expected that all dwellings in such district will have access to public water supplies or public sewage disposal facilities or a reasonable expectation of such service in the future. Residential zoning covers 69.1% and open space 0%.
Where does Realmo's Hendersonville market data come from?
Realmo compiles Hendersonville, NC figures from 5 recent recorded sales, 354 active sale listings, 15 active lease listings, 2,022 tracked off-market properties, the current Hendersonville zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 354 active for-sale and 15 active for-lease listings in Hendersonville, 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: 9,467 zoned acres across 47 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, 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
