Commercial Real Estate Market in Kinston, NC
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
36 active listings and 1,302 off-market properties in Kinston, NC. Commercial property asks $76/SF to buy and $12.00/SF/Yr to lease (based on 3 listings).
Market Trends
Kinston, NC spans 221.0 square miles in Lenoir County, North Carolina. Figures below refresh monthly; last updated 31 October 2026.
Office
Office space in Kinston, NC has a median asking sale price of $103/SF (based on 7 listings). Vacancy runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Retail
Retail vacancy in Kinston, NC runs 5.4% across the South region in 2025, down from 7% in 2020.
Industrial
Industrial vacancy in Kinston, NC runs 7.9% across the South region in 2025, up from 6% in 2019. Nearly 2.3x the 2022 low of 3.5%.
Multifamily
Multifamily vacancy in Kinston, NC runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 62.8%
- Industrial 29.9%
- Commercial 5.4%
- Civic 1.6%
- Mixed use 0.3%
Largest Zones share of zoned land by district
Kinston, NC zones 26,939 acres across 16 districts. Commercial zoning covers 5.4% of zoned land, residential 62.8% and industrial 29.9%. The largest single district is Residential at 26%. For commercial buyers the practical constraint is that only 35.3% of land carries a commercial or industrial designation.
Market overview
Demographics & Economy
Kinston, NC has 38,144 residents in 19,251 households. Density runs 173 people per square mile. Median household income here is $42,725 and median gross rent $816 a month.
Tools
Frequently Asked Questions
What is the median price per square foot for commercial property in Kinston?
How much does it cost to lease commercial space in Kinston?
What zoning applies to commercial property in Kinston?
Where does Realmo's Kinston market data come from?
Methodology & data sources
- Asking prices and medians
- There are 27 active for-sale and 9 active for-lease listings in Kinston, NC. The medians are based on 13 of the for-sale and 3 of the for-lease listings, those that state a price or rent per square foot. These are ASKING figures from live listings, not closed-transaction prices, and a figure resting on fewer than 10 listings says so where it is quoted.
- 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: 26,939 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 October 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 October 2026 · How Realmo checks market page data · Report a data issue
