Commercial Real Estate Market in Prospect Hill, NC
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
7 active listings and 13 off-market properties in Prospect Hill, NC.
Market Trends
Prospect Hill, NC spans 24.4 square miles in Caswell County, North Carolina. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Prospect Hill, 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 Prospect Hill, NC runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Prospect Hill, 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 Prospect Hill, 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
Prospect Hill, NC has 1,026 residents in 489 households. Density runs 42 people per square mile.
1,026
Population
489
Households
2.1
Avg Household Size
48
Median Age
16%
College-Educated
96%
High-School Grad
24.4 sq mi
ZIP Area
42
Density / Sq Mi
$0
Median Household Income
$41,143
Median Earnings
$0
Median Rent
$160,400
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Cedar Grove | — | — |
| Hurdle Mills | — | — |
| Frogsboro | — | — |
| Leasburg | — | — |
Frequently Asked Questions
Where does Realmo's Prospect Hill market data come from?
Realmo compiles Prospect Hill, NC figures from 2 recent recorded sales, 7 active sale listings, 13 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 7 active for-sale and 0 active for-lease listings in Prospect Hill, 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
