Commercial Real Estate Market in Christiansbrg, VA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
42 active listings and 1,494 off-market properties in Christiansbrg, VA. Commercial property asks $548/SF to buy and $16.00/SF/Yr to lease.
Market Trends
Christiansbrg, VA spans 89.6 square miles in Montgomery County, Virginia. Figures below refresh monthly; last updated 30 September 2026.
Office
Office vacancy in Christiansbrg, 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 Christiansbrg, VA runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Christiansbrg, 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 Christiansbrg, 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
Christiansbrg, VA has 32,093 residents in 14,248 households. Density runs 358 people per square mile. Median household income here is $75,103 and median gross rent $1,150 a month.
32,093
Population
14,248
Households
2.3
Avg Household Size
39
Median Age
42%
College-Educated
94%
High-School Grad
89.6 sq mi
ZIP Area
358
Density / Sq Mi
$75,103
Median Household Income
$46,396
Median Earnings
$1,150
Median Rent
$247,200
Median Home Value
Tools
Frequently Asked Questions
What is the average price per square foot for commercial property in Christiansbrg?
Commercial property in Christiansbrg, VA asks an average of $548 per square foot.
How much does it cost to lease commercial space in Christiansbrg?
Asking lease rates in Christiansbrg, VA average $16.00 per square foot per year.
Where does Realmo's Christiansbrg market data come from?
Realmo compiles Christiansbrg, VA figures from 35 active sale listings, 7 active lease listings, 1,494 tracked off-market properties. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 35 active for-sale and 7 active for-lease listings in Christiansbrg, 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 30 September 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 30 September 2026 · report a data issue
