Commercial Real Estate Market in Old Fort, NC
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
54 active listings and 157 off-market properties in Old Fort, NC. Commercial property asks $5,478/SF to buy and $7.00/SF/Yr to lease.
Market Trends
Old Fort, NC spans 95.5 square miles in McDowell County, North Carolina. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Old Fort, 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 Old Fort, NC runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Old Fort, 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 Old Fort, 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
Old Fort, NC has 6,661 residents in 3,544 households. Density runs 70 people per square mile. Median household income here is $52,269 and median gross rent $757 a month.
6,661
Population
3,544
Households
1.9
Avg Household Size
46
Median Age
18%
College-Educated
91%
High-School Grad
95.5 sq mi
ZIP Area
70
Density / Sq Mi
$52,269
Median Household Income
$38,920
Median Earnings
$757
Median Rent
$176,300
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Ridgecrest | — | — |
| Montreat | — | — |
| Black Mountain | — | — |
| Marion | — | $9.57 |
Commercial property in Old Fort, NC asks $5,478/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Old Fort?
Commercial property in Old Fort, NC asks an average of $5,478 per square foot. The 6 most recent recorded sales traded at a median of $149/SF, so asking sits 3578% above the achieved median.
How much does it cost to lease commercial space in Old Fort?
Asking lease rates in Old Fort, NC average $7.00 per square foot per year.
Where does Realmo's Old Fort market data come from?
Realmo compiles Old Fort, NC figures from 8 recent recorded sales, 52 active sale listings, 2 active lease listings, 157 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 52 active for-sale and 2 active for-lease listings in Old Fort, 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
