Commercial Real Estate Market in Waynesville, NC
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
441 active listings and 697 off-market properties in Waynesville, NC. Commercial property asks $530/SF to buy and $23.00/SF/Yr to lease.
Market Trends
Waynesville, NC spans 241.3 square miles in Haywood County, North Carolina. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Waynesville, 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 Waynesville, NC runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Waynesville, 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 Waynesville, 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 44.9%
- Commercial 27.7%
- Civic 16.6%
- Mixed use 9.7%
- Industrial 1.2%
Largest Zones share of zoned land by district
Eagles Nest Residential Low Density
Country Club Residential Low Density
Raccoon Creek Neighborhood Residential
Allens Creek Neighborhood Residential
Francis Cove Residential Low Density
Waynesville, NC zones 10,332 acres across 57 districts. Commercial zoning covers 27.7% of zoned land, residential 44.9% and industrial 1.2%. The largest single district is Eagles Nest Residential Low Density at 16.3%. For commercial buyers the practical constraint is that only 28.8% of land carries a commercial or industrial designation.
Country Club Residential Low Density (CC-RL)
A. The Country Club Residential- Low Density District (CC-RL) is an area predominately comprised of large lot subdivisions with the Waynesville Country Club serving as its social and recreational center. While single-family homes are the dominant residential use in this area, townhouses and accessory apartments are also permitted. Connections to the South Ma…
Market overview
Demographics & Economy
Waynesville, NC has 29,442 residents in 16,895 households. Density runs 122 people per square mile. Median household income here is $58,202 and median gross rent $1,088 a month.
29,442
Population
16,895
Households
1.7
Avg Household Size
51
Median Age
32%
College-Educated
90%
High-School Grad
241.3 sq mi
ZIP Area
122
Density / Sq Mi
$58,202
Median Household Income
$38,139
Median Earnings
$1,088
Median Rent
$271,053
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Assembly | — | — |
| Lake Junaluska | — | — |
| Balsam | — | — |
| Clyde | — | — |
Commercial property in Waynesville, NC asks $530/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Waynesville?
Commercial property in Waynesville, NC asks an average of $530 per square foot. The 4 most recent recorded sales traded at a median of $343/SF, so asking sits 54% above the achieved median.
How much does it cost to lease commercial space in Waynesville?
Asking lease rates in Waynesville, NC average $23.00 per square foot per year.
What zoning applies to commercial property in Waynesville?
Waynesville, NC zones 10,332 acres across 57 districts, of which 27.7% is commercial and 1.2% industrial. The largest single district is Eagles Nest Residential Low Density at 16.3% of zoned land. Residential zoning covers 44.9% and open space 0%.
Where does Realmo's Waynesville market data come from?
Realmo compiles Waynesville, NC figures from 5 recent recorded sales, 432 active sale listings, 9 active lease listings, 697 tracked off-market properties, the current Waynesville zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 432 active for-sale and 9 active for-lease listings in Waynesville, 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: 10,332 zoned acres across 57 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
