Commercial Real Estate Market in Kenly, NC
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
35 active listings and 212 off-market properties in Kenly, NC.
Market Trends
Kenly, NC spans 90.1 square miles in Johnston County, North Carolina. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Kenly, 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 Kenly, NC runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Kenly, 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 Kenly, 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 82.6%
- Commercial 9.5%
- Industrial 5.4%
- Civic 0.4%
Largest Zones share of zoned land by district
Single Family Residential 20 Agriculture
Single Family Residential 6
General Business
Highway Business
Industrial Heavy
Kenly, NC zones 4,422 acres across 13 districts. Commercial zoning covers 9.5% of zoned land, residential 82.6% and industrial 5.4%. The largest single district is Single Family Residential 20 Agriculture at 72.8%. For commercial buyers the practical constraint is that only 14.9% of land carries a commercial or industrial designation.
General Business (B-3)
B-3 districts are permitted in a PD -C District (see §156.202), subject to approval by the Town Board of Commissioners. c. Project Boundary Buffer i. Unless waived by the Town Board of Commissioners, a Class B buffer (see §156.402, Landscaping, Screening and Buffering) shall be provided along all project boundaries abutting a nonresidential district. ii. Unl…
Market overview
Demographics & Economy
Kenly, NC has 9,607 residents in 4,307 households. Density runs 107 people per square mile. Median household income here is $56,157 and median gross rent $769 a month.
9,607
Population
4,307
Households
2.2
Avg Household Size
40
Median Age
17%
College-Educated
86%
High-School Grad
90.1 sq mi
ZIP Area
107
Density / Sq Mi
$56,157
Median Household Income
$39,217
Median Earnings
$769
Median Rent
$180,800
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Bagley | — | — |
| Micro | — | — |
| Lucama | — | — |
| Fremont | — | — |
Commercial property in Kenly, NC asks $3,619/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Kenly?
Commercial property in Kenly, NC asks an average of $3,619 per square foot. The 6 most recent recorded sales traded at a median of $57/SF, so asking sits 6291% above the achieved median.
What zoning applies to commercial property in Kenly?
Kenly, NC zones 4,422 acres across 13 districts, of which 9.5% is commercial and 5.4% industrial. The largest single district is Single Family Residential 20 Agriculture at 72.8% of zoned land. Residential zoning covers 82.6% and open space 0%.
Where does Realmo's Kenly market data come from?
Realmo compiles Kenly, NC figures from 6 recent recorded sales, 35 active sale listings, 212 tracked off-market properties, the current Kenly zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 35 active for-sale and 0 active for-lease listings in Kenly, 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: 4,422 zoned acres across 13 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
