Commercial Real Estate Market in Woodfin, NC
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
3 active listings and 9 off-market properties in Woodfin, NC.
Market Trends
Woodfin, NC spans 28.7 square miles in Buncombe County, North Carolina. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Woodfin, 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 Woodfin, NC runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Woodfin, 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 Woodfin, 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 49.9%
- Civic 21.3%
- Industrial 15.2%
- Commercial 13.4%
- Mixed use 0.1%
Largest Zones share of zoned land by district
Mountain Village
Residential
Heavy Industrial
Community Shopping
Residential
Woodfin, NC zones 5,598 acres across 11 districts. Commercial zoning covers 13.4% of zoned land, residential 49.9% and industrial 15.2%. The largest single district is Mountain Village at 21.3%. For commercial buyers the practical constraint is that only 28.5% of land carries a commercial or industrial designation.
Mountain Village (MV)
Limited use in R-7, R-10, R-21, R-43, and MV: a. The business activity shall be conducted entirely within the dwelling and carried on by the occupants thereof. b. A maximum of one employee who is not a resident of the property shall be allowed. c. No retail sales or display of goods, products, services, signage, or other forms of advertising shall be visible…
Market overview
Demographics & Economy
Woodfin, NC has 23,964 residents in 11,716 households. Density runs 836 people per square mile. Median household income here is $79,709 and median gross rent $1,399 a month.
23,964
Population
11,716
Households
2
Avg Household Size
44
Median Age
60%
College-Educated
93%
High-School Grad
28.7 sq mi
ZIP Area
836
Density / Sq Mi
$79,709
Median Household Income
$37,169
Median Earnings
$1,399
Median Rent
$528,500
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Asheville | — | $23.39 |
| Weaverville | — | $8.63 |
| Alexander | — | — |
| Leicester | — | — |
Commercial property in Woodfin, NC asks $394,333/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Woodfin?
Commercial property in Woodfin, NC asks an average of $394,333 per square foot.
What zoning applies to commercial property in Woodfin?
Woodfin, NC zones 5,598 acres across 11 districts, of which 13.4% is commercial and 15.2% industrial. The largest single district is Mountain Village at 21.3% of zoned land. Limited use in R-7, R-10, R-21, R-43, and MV: a. The business activity shall be conducted entirely within the dwelling and carried on by the occupants thereof. b. A maximum of one employee who is not a resident of the property shall be allowed. c. No retail sales or display of goods, products, services, signage, or other forms of advertising shall be visible… Residential zoning covers 49.9% and open space 0%.
Where does Realmo's Woodfin market data come from?
Realmo compiles Woodfin, NC figures from 3 active sale listings, 9 tracked off-market properties, the current Woodfin zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 3 active for-sale and 0 active for-lease listings in Woodfin, 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: 5,598 zoned acres across 11 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
