Commercial Real Estate Market in Otto, NC
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
28 active listings and 40 off-market properties in Otto, NC.
Market Trends
Otto, NC spans 55.6 square miles in Macon County, North Carolina. Figures below refresh monthly; last updated 31 August 2026.
Office
Office space in Otto, NC asks $192/SF to buy. Vacancy runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Average Sale Price $/SF
Listings
Vacancy Rate % in South region
Retail
Retail space in Otto, NC asks $300/SF to buy. Vacancy runs 5.4% across the South region in 2025, down from 7% in 2020.
Average Sale Price $/SF
Listings
Vacancy Rate % in South region
Industrial
Industrial vacancy in Otto, 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 Otto, 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
Otto, NC has 2,842 residents in 1,530 households. Density runs 51 people per square mile. Median household income here is $64,836 and median gross rent $764 a month.
2,842
Population
1,530
Households
1.9
Avg Household Size
51
Median Age
22%
College-Educated
94%
High-School Grad
55.6 sq mi
ZIP Area
51
Density / Sq Mi
$64,836
Median Household Income
$44,896
Median Earnings
$764
Median Rent
$253,000
Median Home Value
Tools
Nearby Markets
Frequently Asked Questions
Where does Realmo's Otto market data come from?
Realmo compiles Otto, NC figures from 2 recent recorded sales, 28 active sale listings, 40 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 28 active for-sale and 0 active for-lease listings in Otto, 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
