Commercial Real Estate Market in Newberry, SC
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
51 active listings and 878 off-market properties in Newberry, SC.
Market Trends
Newberry, SC spans 210.2 square miles in Newberry County, South Carolina. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Newberry, SC runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Vacancy Rate % in South region
Retail
Retail space in Newberry, SC asks $805/SF to buy. Vacancy runs 5.4% across the South region in 2025, down from 7% in 2020.
Average Sale Price $/SF
Listings
Vacancy Rate % in South region
Industrial
Industrial vacancy in Newberry, 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 Newberry, SC 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
- Civic 69.2%
- Industrial 26.4%
- Commercial 2.7%
- Residential 0.9%
- Planned_development 0.4%
- Mixed use 0.3%
Largest Zones share of zoned land by district
High Density Residential
Open Space
Low Density Residential
General Commercial
Medium Density Residential
Open Space (OS)
O. OS - Open Space District. The primary use of the land in the open space district is predominantly reserved for flood control, future thoroughfare right-of-way, public recreation, community facility sites, airport approaches, natural or man- made bodies of water, forests, and other similar open space uses. The specific purpose of the OS District is to: 1.…
Market overview
Demographics & Economy
Newberry, SC has 20,159 residents in 9,096 households. Density runs 96 people per square mile. Median household income here is $52,529 and median gross rent $846 a month.
20,159
Population
9,096
Households
2.2
Avg Household Size
39
Median Age
23%
College-Educated
84%
High-School Grad
210.2 sq mi
ZIP Area
96
Density / Sq Mi
$52,529
Median Household Income
$33,671
Median Earnings
$846
Median Rent
$127,900
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Prosperity | — | — |
| Silverstreet | — | — |
| Stoney Hill | — | — |
| Glympville | — | — |
Commercial property in Newberry, SC asks $530/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Newberry?
Commercial property in Newberry, SC asks an average of $530 per square foot. The 3 most recent recorded sales traded at a median of $161/SF, so asking sits 230% above the achieved median. Retail carries the highest asking price at $805/SF.
Where does Realmo's Newberry market data come from?
Realmo compiles Newberry, SC figures from 3 recent recorded sales, 47 active sale listings, 4 active lease listings, 878 tracked off-market properties, the current Newberry zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 47 active for-sale and 4 active for-lease listings in Newberry, 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.
- Zoning and land use
- The current municipal zoning release: 5,866 zoned acres across 15 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
