Commercial Real Estate Market in Westminster, SC
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
258 active listings and 305 off-market properties in Westminster, SC. Commercial property asks $423/SF to buy and $8.98/SF/Yr to lease.
Market Trends
Westminster, SC spans 173.4 square miles in Oconee County, South Carolina. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Westminster, 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 Westminster, SC runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Westminster, 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 Westminster, 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 53.3%
- Industrial 29.9%
- Civic 7.9%
- Commercial 7.2%
- Planned_development 0.7%
Largest Zones share of zoned land by district
Single Family Residential District
Single Family Residential District
Highway Commercial District
General Residential District
Single Family Residential District
Westminster, SC zones 2,199 acres across 15 districts. Commercial zoning covers 7.2% of zoned land, residential 53.3% and industrial 29.9%. The largest single district is Single Family Residential District at 51.2%. For commercial buyers the practical constraint is that only 37% of land carries a commercial or industrial designation.
Single Family Residential District (R-25)
The inttent and purpose of this zone R-25 focus on developed and reserved for low-density one-family residential purposes. No use of activity, including those set below shall be permitted that would disturb or impair the natural character of the district
Market overview
Demographics & Economy
Westminster, SC has 14,614 residents in 8,002 households. Density runs 84 people per square mile. Median household income here is $51,384 and median gross rent $838 a month.
14,614
Population
8,002
Households
1.8
Avg Household Size
45
Median Age
17%
College-Educated
83%
High-School Grad
173.4 sq mi
ZIP Area
84
Density / Sq Mi
$51,384
Median Household Income
$37,334
Median Earnings
$838
Median Rent
$168,600
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Madison | — | — |
| Richland | — | — |
| Walhalla | — | — |
| West Union | — | — |
Commercial property in Westminster, SC asks $423/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Westminster?
Commercial property in Westminster, SC asks an average of $423 per square foot. The 5 most recent recorded sales traded at a median of $42/SF, so asking sits 915% above the achieved median.
How much does it cost to lease commercial space in Westminster?
Asking lease rates in Westminster, SC average $8.98 per square foot per year.
What zoning applies to commercial property in Westminster?
Westminster, SC zones 2,199 acres across 15 districts, of which 7.2% is commercial and 29.9% industrial. The largest single district is Single Family Residential District at 51.2% of zoned land. The inttent and purpose of this zone R-25 focus on developed and reserved for low-density one-family residential purposes. No use of activity, including those set below shall be permitted that would disturb or impair the natural character of the district Residential zoning covers 53.3% and open space 0%.
Where does Realmo's Westminster market data come from?
Realmo compiles Westminster, SC figures from 6 recent recorded sales, 254 active sale listings, 4 active lease listings, 305 tracked off-market properties, the current Westminster zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 254 active for-sale and 4 active for-lease listings in Westminster, 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: 2,199 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
