Commercial Real Estate Market in Hobgood, NC
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
Market Trends
Hobgood, NC spans 60.9 square miles in Halifax County, North Carolina. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Hobgood, 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 Hobgood, NC runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Hobgood, 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 Hobgood, 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
Hobgood, NC has 931 residents in 438 households. Density runs 15 people per square mile. Median household income here is $56,726 and median gross rent $769 a month.
931
Population
438
Households
2.1
Avg Household Size
52
Median Age
8%
College-Educated
83%
High-School Grad
60.9 sq mi
ZIP Area
15
Density / Sq Mi
$56,726
Median Household Income
$24,899
Median Earnings
$769
Median Rent
$94,300
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Speed | — | — |
| Oak City | — | — |
| Scotland Neck | — | — |
| Woodville | — | — |
Methodology & data sources
- 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 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
