Commercial Real Estate Market in Newport, NC
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
138 active listings and 292 off-market properties in Newport, NC.
Market Trends
Newport, NC spans 148.8 square miles in Carteret County, North Carolina. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Newport, 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 Newport, NC runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Newport, 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 Newport, 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 90.1%
- Commercial 4.8%
- Planned_development 3%
- Industrial 1.9%
- Mixed use 0.2%
Largest Zones share of zoned land by district
Agricultural Residential District
Residential Single Family District
Residential Single Family District
Commercial Highway
Planned Unit Development District
Newport, NC zones 17,983 acres across 19 districts. Commercial zoning covers 4.8% of zoned land, residential 90.1% and industrial 1.9%. The largest single district is Agricultural Residential District at 44.9%. For commercial buyers the practical constraint is that only 6.7% of land carries a commercial or industrial designation.
Planned Unit Development District (PUD)
The Planned Unit Development District (PUD) is a special purpose Conditional Zoning District that is established in order to accommodate a diverse mix of residential and nonresidential uses and structures that function as a cohesive, integrated and unified development. This district encourages innovative development patterns by allowing flexibility in permit…
Market overview
Demographics & Economy
Newport, NC has 21,647 residents in 10,819 households. Density runs 146 people per square mile. Median household income here is $69,018 and median gross rent $951 a month.
21,647
Population
10,819
Households
2
Avg Household Size
46
Median Age
24%
College-Educated
92%
High-School Grad
148.8 sq mi
ZIP Area
146
Density / Sq Mi
$69,018
Median Household Income
$36,753
Median Earnings
$951
Median Rent
$245,300
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Morehead City | — | $15.01 |
| Pine Knoll Shores | — | — |
| Havelock | — | $11.21 |
| Salter Path | — | — |
Commercial property in Newport, NC asks $2,422/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Newport?
Commercial property in Newport, NC asks an average of $2,422 per square foot. The 5 most recent recorded sales traded at a median of $217/SF, so asking sits 1015% above the achieved median.
What zoning applies to commercial property in Newport?
Newport, NC zones 17,983 acres across 19 districts, of which 4.8% is commercial and 1.9% industrial. The largest single district is Agricultural Residential District at 44.9% of zoned land. Residential zoning covers 90.1% and open space 0%.
Where does Realmo's Newport market data come from?
Realmo compiles Newport, NC figures from 6 recent recorded sales, 137 active sale listings, 1 active lease listings, 292 tracked off-market properties, the current Newport zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 137 active for-sale and 1 active for-lease listings in Newport, 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: 17,983 zoned acres across 19 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
