Commercial Real Estate Market in Tobaccoville, NC
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
18 active listings and 43 off-market properties in Tobaccoville, NC.
Market Trends
Tobaccoville, NC spans 25.0 square miles in Forsyth County, North Carolina. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Tobaccoville, 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 Tobaccoville, NC runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Tobaccoville, 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 Tobaccoville, 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
- Agricultural 50.4%
- Residential 46.9%
- Industrial 1.4%
- Commercial 0.8%
- Civic 0.5%
Largest Zones share of zoned land by district
Agricultural
Residential Single Family
Residential Single Family
Residential Single Family
Residential Single Family
Agricultural (AG)
The AG District is primarily intended to accommodate uses of an agricultural nature
Market overview
Demographics & Economy
Tobaccoville, NC has 3,929 residents in 1,729 households. Density runs 157 people per square mile. Median household income here is $85,820 and median gross rent $856 a month.
3,929
Population
1,729
Households
2.3
Avg Household Size
46
Median Age
22%
College-Educated
86%
High-School Grad
25 sq mi
ZIP Area
157
Density / Sq Mi
$85,820
Median Household Income
$45,446
Median Earnings
$856
Median Rent
$185,800
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| King | — | — |
| Seward | — | — |
| Rural Hall | — | — |
| Bethania | — | — |
Commercial property in Tobaccoville, NC asks $3,213/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Tobaccoville?
Commercial property in Tobaccoville, NC asks an average of $3,213 per square foot.
Where does Realmo's Tobaccoville market data come from?
Realmo compiles Tobaccoville, NC figures from 18 active sale listings, 43 tracked off-market properties, the current Tobaccoville zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 18 active for-sale and 0 active for-lease listings in Tobaccoville, 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: 4,870 zoned acres across 18 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
