Commercial Real Estate Market in Centreville, VA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
36 active listings and 872 off-market properties in Centreville, VA. Commercial property asks $285/SF to buy and $28.00/SF/Yr to lease (based on 3 listings).
Market Trends
Centreville, VA spans 26.6 square miles in Fairfax County, Virginia. Figures below refresh monthly; last updated 31 October 2026.
Office
Office vacancy in Centreville, VA runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Retail
Retail vacancy in Centreville, VA runs 5.4% across the South region in 2025, down from 7% in 2020.
Industrial
Industrial vacancy in Centreville, VA runs 7.9% across the South region in 2025, up from 6% in 2019. Nearly 2.3x the 2022 low of 3.5%.
Multifamily
Multifamily vacancy in Centreville, VA runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Market overview
Demographics & Economy
Centreville, VA has 71,598 residents in 24,721 households. Density runs 2,688 people per square mile. Median household income here is $143,054 and median gross rent $2,242 a month.
Tools
Nearby Markets
| Market | Median Asking Price, $/SF | Median Asking Rent, $/SF/Yr |
|---|---|---|
| Chantilly | $301 | $21.23 |
| Manassas Park | $300 | $37.09 |
| Herndon | $320 | $24.42 |
| Manassas | $251 | $20.00 |
Commercial property in Centreville, VA asks $285/SF. The 4 bordering markets run from $251/SF in Manassas to $320/SF in Herndon, and the city sits below their $301/SF median.
Frequently Asked Questions
What is the median price per square foot for commercial property in Centreville?
How much does it cost to lease commercial space in Centreville?
How does Centreville compare to nearby markets on price?
Where does Realmo's Centreville market data come from?
Methodology & data sources
- Asking prices and medians
- There are 21 active for-sale and 15 active for-lease listings in Centreville, VA. The medians are based on 12 of the for-sale and 3 of the for-lease listings, those that state a price or rent per square foot. These are ASKING figures from live listings, not closed-transaction prices, and a figure resting on fewer than 10 listings says so where it is quoted.
- 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 October 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 October 2026 · How Realmo checks market page data · Report a data issue
