Commercial Real Estate Market in Union Mills, NC
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
44 active listings and 67 off-market properties in Union Mills, NC.
Market Trends
Union Mills, NC spans 73.6 square miles in Rutherford County, North Carolina. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Union Mills, 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 Union Mills, NC runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Union Mills, 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 Union Mills, 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
Union Mills, NC has 2,417 residents in 1,234 households. Density runs 33 people per square mile. Median household income here is $42,419.
2,417
Population
1,234
Households
2
Avg Household Size
51
Median Age
24%
College-Educated
89%
High-School Grad
73.6 sq mi
ZIP Area
33
Density / Sq Mi
$42,419
Median Household Income
$24,154
Median Earnings
$0
Median Rent
$215,800
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Gilkey | — | — |
| Westminster | — | — |
| Ruth | — | — |
| Rutherfordton | — | — |
Commercial property in Union Mills, NC asks $2,944/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Union Mills?
Commercial property in Union Mills, NC asks an average of $2,944 per square foot.
Where does Realmo's Union Mills market data come from?
Realmo compiles Union Mills, NC figures from 3 recent recorded sales, 44 active sale listings, 67 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 44 active for-sale and 0 active for-lease listings in Union Mills, 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
