Commercial Real Estate Market in Wingate, NC
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
14 active listings and 93 off-market properties in Wingate, NC.
Market Trends
Wingate, NC spans 36.4 square miles in Union County, North Carolina. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Wingate, 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 Wingate, NC runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Wingate, 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 Wingate, 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 68%
- Commercial 19.7%
- Mixed use 7.6%
- Civic 4.8%
Largest Zones share of zoned land by district
Single Family And Manufactured Homes Low To Medium Density
Single Family Low To Medium Density
Single Family Low Density In Areas Of High Agricultural Uses And Compatible Agribusiness
Highway Corridor Mixed Use
Office Institutional
Wingate, NC zones 4,834 acres across 14 districts. Commercial zoning covers 19.7% of zoned land, residential 68%. The largest single district is Single Family And Manufactured Homes Low To Medium Density at 36.4%. For commercial buyers the practical constraint is that only 19.7% of land carries a commercial or industrial designation.
Single Family And Manufactured Homes Low To Medium Density (RA-20)
The RA-20 district is designed to accommodate single family residential development, including most classes of manufactured homes, at low to medium densities in areas characterized by a prevalence of manufactured homes.
Market overview
Demographics & Economy
Wingate, NC has 9,269 residents in 2,891 households. Density runs 255 people per square mile. Median household income here is $71,115 and median gross rent $1,069 a month.
9,269
Population
2,891
Households
3.2
Avg Household Size
29
Median Age
16%
College-Educated
77%
High-School Grad
36.4 sq mi
ZIP Area
255
Density / Sq Mi
$71,115
Median Household Income
$29,758
Median Earnings
$1,069
Median Rent
$212,400
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Marshville | — | — |
| Monroe | — | $16.29 |
| Unionville | — | — |
| Peachland | — | — |
Commercial property in Wingate, NC asks $517/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Wingate?
Commercial property in Wingate, NC asks an average of $517 per square foot. The 5 most recent recorded sales traded at a median of $155/SF, so asking sits 235% above the achieved median.
What zoning applies to commercial property in Wingate?
Wingate, NC zones 4,834 acres across 14 districts, of which 19.7% is commercial and 0% industrial. The largest single district is Single Family And Manufactured Homes Low To Medium Density at 36.4% of zoned land. The RA-20 district is designed to accommodate single family residential development, including most classes of manufactured homes, at low to medium densities in areas characterized by a prevalence of manufactured homes. Residential zoning covers 68% and open space 0%.
Where does Realmo's Wingate market data come from?
Realmo compiles Wingate, NC figures from 6 recent recorded sales, 14 active sale listings, 93 tracked off-market properties, the current Wingate zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 14 active for-sale and 0 active for-lease listings in Wingate, 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: 4,834 zoned acres across 14 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, industrial vacancy is reported at South region level and asking prices run materially above recent closed pricing.
- 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
