Commercial Real Estate Market in Bowling Green, VA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
23 active listings and 135 off-market properties in Bowling Green, VA.
Market Trends
Bowling Green, VA spans 105.7 square miles in Caroline County, Virginia. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Bowling Green, VA runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Vacancy Rate % in South region
Retail
Retail vacancy in Bowling Green, VA runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Bowling Green, VA 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 Bowling Green, VA runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Vacancy Rate % in South region
Market overview
Demographics & Economy
Bowling Green, VA has 3,379 residents in 1,643 households. Density runs 32 people per square mile. Median household income here is $76,635 and median gross rent $868 a month.
3,379
Population
1,643
Households
2.1
Avg Household Size
42
Median Age
18%
College-Educated
89%
High-School Grad
105.7 sq mi
ZIP Area
32
Density / Sq Mi
$76,635
Median Household Income
$30,014
Median Earnings
$868
Median Rent
$293,000
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Enon | — | — |
| New Baltimore | — | — |
| Milford | — | — |
| Woodford | — | — |
Commercial property in Bowling Green, VA asks $2,074/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Bowling Green?
Commercial property in Bowling Green, VA asks an average of $2,074 per square foot. The 3 most recent recorded sales traded at a median of $94/SF, so asking sits 2116% above the achieved median.
Where does Realmo's Bowling Green market data come from?
Realmo compiles Bowling Green, VA figures from 4 recent recorded sales, 17 active sale listings, 6 active lease listings, 135 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 17 active for-sale and 6 active for-lease listings in Bowling Green, VA. 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, 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
