Commercial Real Estate Market in Gray Court, SC
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
53 active listings and 98 off-market properties in Gray Court, SC.
Market Trends
Gray Court, SC spans 106.6 square miles in Laurens County, South Carolina. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Gray Court, SC runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Vacancy Rate % in South region
Retail
Retail vacancy in Gray Court, SC runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Gray Court, SC 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 Gray Court, SC runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Vacancy Rate % in South region
Market overview
Demographics & Economy
Gray Court, SC has 10,584 residents in 5,012 households. Density runs 99 people per square mile. Median household income here is $59,643 and median gross rent $906 a month.
10,584
Population
5,012
Households
2.1
Avg Household Size
42
Median Age
15%
College-Educated
82%
High-School Grad
106.6 sq mi
ZIP Area
99
Density / Sq Mi
$59,643
Median Household Income
$41,567
Median Earnings
$906
Median Rent
$163,700
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Ora | — | — |
| Fountain Inn | — | — |
| Enoree | — | — |
| Laurens | — | — |
Commercial property in Gray Court, SC asks $1,288/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Gray Court?
Commercial property in Gray Court, SC asks an average of $1,288 per square foot.
Where does Realmo's Gray Court market data come from?
Realmo compiles Gray Court, SC figures from 7 recent recorded sales, 53 active sale listings, 98 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 53 active for-sale and 0 active for-lease listings in Gray Court, SC. 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
