Commercial Real Estate Market in Stem, NC
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
5 active listings and 18 off-market properties in Stem, NC.
Market Trends
Stem, NC spans 36.2 square miles in Granville County, North Carolina. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Stem, 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 Stem, NC runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Stem, 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 Stem, 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
- Residential 66.6%
- Open space 31.5%
- Commercial 1.8%
- Mixed use 0.1%
Largest Zones share of zoned land by district
Single Family Residential
Open Conversation
Mixed Residential
Conditional Residential
Community Commercial
Stem, NC zones 1,217 acres across 6 districts. Commercial zoning covers 1.8% of zoned land, residential 66.6% and open space 31.5%. The largest single district is Single Family Residential at 51.8%. For commercial buyers the practical constraint is that only 1.8% of land carries a commercial or industrial designation.
Single Family Residential (R1)
To accommodate low density single family residential development and complementary uses compatible with the rural character of Stem.
Market overview
Demographics & Economy
Stem, NC has 3,646 residents in 1,435 households. Density runs 101 people per square mile. Median household income here is $68,235 and median gross rent $1,101 a month.
3,646
Population
1,435
Households
2.5
Avg Household Size
41
Median Age
21%
College-Educated
91%
High-School Grad
36.2 sq mi
ZIP Area
101
Density / Sq Mi
$68,235
Median Household Income
$41,619
Median Earnings
$1,101
Median Rent
$214,000
Median Home Value
Tools
Nearby Markets
Frequently Asked Questions
What zoning applies to commercial property in Stem?
Stem, NC zones 1,217 acres across 6 districts, of which 1.8% is commercial and 0% industrial. The largest single district is Single Family Residential at 51.8% of zoned land. To accommodate low density single family residential development and complementary uses compatible with the rural character of Stem. Residential zoning covers 66.6% and open space 31.5%.
Where does Realmo's Stem market data come from?
Realmo compiles Stem, NC figures from 5 active sale listings, 18 tracked off-market properties, the current Stem zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 5 active for-sale and 0 active for-lease listings in Stem, 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: 1,217 zoned acres across 6 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 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
