Commercial Real Estate Market in Pisgah Forest, NC
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
32 active listings and 191 off-market properties in Pisgah Forest, NC. Commercial property asks $154/SF to buy and $18.00/SF/Yr to lease.
Market Trends
Pisgah Forest, NC spans 83.1 square miles in Transylvania County, North Carolina. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Pisgah Forest, 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 Pisgah Forest, NC runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Pisgah Forest, 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 Pisgah Forest, 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
Pisgah Forest, NC has 6,820 residents in 3,542 households. Density runs 82 people per square mile. Median household income here is $72,567 and median gross rent $819 a month.
6,820
Population
3,542
Households
1.9
Avg Household Size
50
Median Age
40%
College-Educated
96%
High-School Grad
83.1 sq mi
ZIP Area
82
Density / Sq Mi
$72,567
Median Household Income
$35,442
Median Earnings
$819
Median Rent
$299,500
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Penrose | — | — |
| Brevard | — | — |
| Etowah | — | — |
| Horse Shoe | — | — |
Commercial property in Pisgah Forest, NC asks $154/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Pisgah Forest?
Commercial property in Pisgah Forest, NC asks an average of $154 per square foot. The 4 most recent recorded sales traded at a median of $963/SF.
How much does it cost to lease commercial space in Pisgah Forest?
Asking lease rates in Pisgah Forest, NC average $18.00 per square foot per year.
Where does Realmo's Pisgah Forest market data come from?
Realmo compiles Pisgah Forest, NC figures from 6 recent recorded sales, 31 active sale listings, 1 active lease listings, 191 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 31 active for-sale and 1 active for-lease listings in Pisgah Forest, 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
