Commercial Real Estate Market in Murfreesboro, NC
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
20 active listings and 173 off-market properties in Murfreesboro, NC.
Market Trends
Murfreesboro, NC spans 55.0 square miles in Hertford County, North Carolina. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Murfreesboro, 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 Murfreesboro, NC runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Murfreesboro, 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 Murfreesboro, 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 90.9%
- Commercial 3.7%
- Civic 3.4%
- Industrial 2%
Largest Zones share of zoned land by district
Residential District
Residential District
Residential District
Office And Institutional District
Highway Commercial District
Murfreesboro, NC zones 6,658 acres across 14 districts. Commercial zoning covers 3.7% of zoned land, residential 90.9% and industrial 2%. The largest single district is Residential District at 73.5%. For commercial buyers the practical constraint is that only 5.7% of land carries a commercial or industrial designation.
Residential District (R-20)
The R-20 Residential District is established as a district in which the principal use of land is for low density residential and agricultural purposes, the regulations of this district are intended to protect the agricultural sections of the community from an influx of uses likely to render it undesirable for farms and future development and to ensure that r…
Market overview
Demographics & Economy
Murfreesboro, NC has 5,908 residents in 2,588 households. Density runs 107 people per square mile. Median household income here is $47,500 and median gross rent $883 a month.
5,908
Population
2,588
Households
2.3
Avg Household Size
36
Median Age
18%
College-Educated
84%
High-School Grad
55 sq mi
ZIP Area
107
Density / Sq Mi
$47,500
Median Household Income
$27,024
Median Earnings
$883
Median Rent
$99,800
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Pendleton | — | — |
| Como | — | — |
| Conway | — | — |
| Severn | — | — |
Commercial property in Murfreesboro, NC asks $72/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Murfreesboro?
Commercial property in Murfreesboro, NC asks an average of $72 per square foot. The 6 most recent recorded sales traded at a median of $44/SF, so asking sits 64% above the achieved median.
What zoning applies to commercial property in Murfreesboro?
Murfreesboro, NC zones 6,658 acres across 14 districts, of which 3.7% is commercial and 2% industrial. The largest single district is Residential District at 73.5% of zoned land. The R-20 Residential District is established as a district in which the principal use of land is for low density residential and agricultural purposes, the regulations of this district are intended to protect the agricultural sections of the community from an influx of uses likely to render it undesirable for farms and future development and to ensure that r… Residential zoning covers 90.9% and open space 0%.
Where does Realmo's Murfreesboro market data come from?
Realmo compiles Murfreesboro, NC figures from 7 recent recorded sales, 20 active sale listings, 173 tracked off-market properties, the current Murfreesboro zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 20 active for-sale and 0 active for-lease listings in Murfreesboro, 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: 6,658 zoned acres across 14 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 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
