Commercial Real Estate Market in Lake Lure, NC
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
282 active listings and 201 off-market properties in Lake Lure, NC.
Market Trends
Lake Lure, NC spans 44.9 square miles in Rutherford County, North Carolina. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Lake Lure, 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 Lake Lure, NC runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Lake Lure, 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 Lake Lure, 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
Lake Lure, NC has 2,726 residents in 3,310 households. Density runs 61 people per square mile. Median household income here is $65,703 and median gross rent $983 a month.
2,726
Population
3,310
Households
0.8
Avg Household Size
60
Median Age
46%
College-Educated
96%
High-School Grad
44.9 sq mi
ZIP Area
61
Density / Sq Mi
$65,703
Median Household Income
$36,161
Median Earnings
$983
Median Rent
$433,100
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Chimney Rock | — | — |
| Bat Cave | — | — |
| Mill Spring | — | — |
| Edneyville | — | — |
Commercial property in Lake Lure, NC asks $70/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Lake Lure?
Commercial property in Lake Lure, NC asks an average of $70 per square foot. The 4 most recent recorded sales traded at a median of $397/SF.
Where does Realmo's Lake Lure market data come from?
Realmo compiles Lake Lure, NC figures from 5 recent recorded sales, 282 active sale listings, 201 tracked off-market properties. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 282 active for-sale and 0 active for-lease listings in Lake Lure, 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.
- 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
