Commercial Real Estate Market in Raeford, NC
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
73 active listings and 655 off-market properties in Raeford, NC. Commercial property asks $840/SF to buy and $20.84/SF/Yr to lease.
Market Trends
Raeford, NC spans 278.7 square miles in Hoke County, North Carolina. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Raeford, 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 Raeford, NC runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Raeford, 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 Raeford, 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
- Industrial 98.6%
- Mixed use 1.4%
Largest Zones share of zoned land by district
Residential Agricultural
Residential
Residential
Residential
Light Industrial
Raeford, NC zones 5,953 acres across 10 districts. The largest single district is Residential Agricultural at 27%. For commercial buyers the practical constraint is that only 98.6% of land carries a commercial or industrial designation.
Residential (R-8)
The purpose of this district is to provide for single family residential development at a density of approximately five dwelling units per acre. It is intended to encourage the construction and continued use of land for single family dwellings while prohibiting commercial and industrial activities or any other uses that would conflict with the districts resi…
Market overview
Demographics & Economy
Raeford, NC has 43,160 residents in 16,834 households. Density runs 155 people per square mile. Median household income here is $61,793 and median gross rent $1,091 a month.
43,160
Population
16,834
Households
2.6
Avg Household Size
33
Median Age
23%
College-Educated
90%
High-School Grad
278.7 sq mi
ZIP Area
155
Density / Sq Mi
$61,793
Median Household Income
$40,858
Median Earnings
$1,091
Median Rent
$208,100
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Wagram | — | — |
| Shannon | — | — |
| Lumber Bridge | — | — |
| Red Springs | — | — |
Commercial property in Raeford, NC asks $840/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Raeford?
Commercial property in Raeford, NC asks an average of $840 per square foot. The 5 most recent recorded sales traded at a median of $156/SF, so asking sits 438% above the achieved median.
How much does it cost to lease commercial space in Raeford?
Asking lease rates in Raeford, NC average $20.84 per square foot per year.
What zoning applies to commercial property in Raeford?
Raeford, NC zones 5,953 acres across 10 districts, of which 0% is commercial and 98.6% industrial. The largest single district is Residential Agricultural at 27% of zoned land. Residential zoning covers 0% and open space 0%.
Where does Realmo's Raeford market data come from?
Realmo compiles Raeford, NC figures from 8 recent recorded sales, 62 active sale listings, 11 active lease listings, 655 tracked off-market properties, the current Raeford zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 62 active for-sale and 11 active for-lease listings in Raeford, 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: 5,953 zoned acres across 10 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
