Commercial Real Estate Market in Walhalla, SC
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
51 active listings and 275 off-market properties in Walhalla, SC.
Market Trends
Walhalla, SC spans 62.2 square miles in Oconee County, South Carolina. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Walhalla, 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 Walhalla, SC runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Walhalla, 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 Walhalla, 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
- Residential 43.3%
- Industrial 39.2%
- Commercial 17.5%
Largest Zones share of zoned land by district
Single Family Residential
General Residential
Single Family Residential
Highway Commercial
Office Commercial
Walhalla, SC zones 2,581 acres across 8 districts. Commercial zoning covers 17.5% of zoned land, residential 43.3% and industrial 39.2%. The largest single district is Single Family Residential at 38.7%. For commercial buyers the practical constraint is that only 56.7% of land carries a commercial or industrial designation.
Single Family Residential (R-25)
B. Communication towers are not permitted in the CC, MFR, GR, R-15 and R-25 Zoning Districts unless they comply with the ancillary use requirements as defined in subsection (C) b elow. C. Communication to wers are permitted as an ancillary or secondary Use Permitted by Special Exception by the Board of Appeals on residentially or non -residentially zoned sit…
Market overview
Demographics & Economy
Walhalla, SC has 11,142 residents in 5,518 households. Density runs 179 people per square mile. Median household income here is $52,722 and median gross rent $792 a month.
11,142
Population
5,518
Households
2
Avg Household Size
41
Median Age
18%
College-Educated
82%
High-School Grad
62.2 sq mi
ZIP Area
179
Density / Sq Mi
$52,722
Median Household Income
$35,164
Median Earnings
$792
Median Rent
$179,700
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| West Union | — | — |
| Richland | — | — |
| Westminster | — | — |
| Mountain Rest | — | — |
Commercial property in Walhalla, SC asks $810/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Walhalla?
Commercial property in Walhalla, SC asks an average of $810 per square foot. The 4 most recent recorded sales traded at a median of $104/SF, so asking sits 678% above the achieved median.
What zoning applies to commercial property in Walhalla?
Walhalla, SC zones 2,581 acres across 8 districts, of which 17.5% is commercial and 39.2% industrial. The largest single district is Single Family Residential at 38.7% of zoned land. B. Communication towers are not permitted in the CC, MFR, GR, R-15 and R-25 Zoning Districts unless they comply with the ancillary use requirements as defined in subsection (C) b elow. C. Communication to wers are permitted as an ancillary or secondary Use Permitted by Special Exception by the Board of Appeals on residentially or non -residentially zoned sit… Residential zoning covers 43.3% and open space 0%.
Where does Realmo's Walhalla market data come from?
Realmo compiles Walhalla, SC figures from 6 recent recorded sales, 50 active sale listings, 1 active lease listings, 275 tracked off-market properties, the current Walhalla zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 50 active for-sale and 1 active for-lease listings in Walhalla, 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: 2,581 zoned acres across 8 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
