Commercial Real Estate Market in Nags Head, NC
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
22 active listings and 356 off-market properties in Nags Head, NC.
Market Trends
Nags Head, NC spans 14.7 square miles in Dare County, North Carolina. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Nags Head, 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 Nags Head, NC runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Nags Head, 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 Nags Head, 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
Nags Head, NC has 3,182 residents in 5,214 households. Density runs 217 people per square mile. Median household income here is $87,619 and median gross rent $1,005 a month.
3,182
Population
5,214
Households
0.6
Avg Household Size
54
Median Age
51%
College-Educated
96%
High-School Grad
14.7 sq mi
ZIP Area
217
Density / Sq Mi
$87,619
Median Household Income
$46,213
Median Earnings
$1,005
Median Rent
$451,100
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Manteo | — | — |
| Fort Raleigh City | — | — |
| Kill Devil Hills | — | — |
| Wanchese | — | — |
Commercial property in Nags Head, NC asks $1,722/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Nags Head?
Commercial property in Nags Head, NC asks an average of $1,722 per square foot. The 5 most recent recorded sales traded at a median of $221/SF, so asking sits 678% above the achieved median.
Where does Realmo's Nags Head market data come from?
Realmo compiles Nags Head, NC figures from 6 recent recorded sales, 22 active sale listings, 356 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 22 active for-sale and 0 active for-lease listings in Nags Head, 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, 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
