Commercial Real Estate Market in Sugar Mountain, NC
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
11 active listings and 15 off-market properties in Sugar Mountain, NC.
Market Trends
Sugar Mountain, NC spans 68.7 square miles in Avery County, North Carolina. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Sugar Mountain, 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 Sugar Mountain, NC runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Sugar Mountain, 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 Sugar Mountain, 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
Sugar Mountain, NC has 7,050 residents in 9,148 households. Density runs 103 people per square mile. Median household income here is $64,052 and median gross rent $932 a month.
7,050
Population
9,148
Households
0.8
Avg Household Size
48
Median Age
44%
College-Educated
93%
High-School Grad
68.7 sq mi
ZIP Area
103
Density / Sq Mi
$64,052
Median Household Income
$31,341
Median Earnings
$932
Median Rent
$319,200
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Balm | — | — |
| White Rock | — | — |
| Matney | — | — |
| Banner Elk | — | — |
Frequently Asked Questions
Where does Realmo's Sugar Mountain market data come from?
Realmo compiles Sugar Mountain, NC figures from 3 recent recorded sales, 11 active sale listings, 15 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 11 active for-sale and 0 active for-lease listings in Sugar Mountain, 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
