Commercial Real Estate Market in New Church, VA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
46 active listings and 130 off-market properties in New Church, VA. Commercial property asks $41/SF to buy and $19.29/SF/Yr to lease.
Market Trends
New Church, VA spans 31.6 square miles in Accomack County, Virginia. Figures below refresh monthly; last updated 30 September 2026.
Office
Office space in New Church, VA asks $210/SF to buy. Vacancy runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Average Sale Price $/SF
Listings
Vacancy Rate % in South region
Retail
Retail space in New Church, VA asks $142/SF to buy. Vacancy runs 5.4% across the South region in 2025, down from 7% in 2020.
Average Sale Price $/SF
Listings
Vacancy Rate % in South region
Industrial
Industrial vacancy in New Church, 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 space in New Church, VA asks $206/SF to buy. Vacancy runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Average Sale Price $/SF
Listings
Vacancy Rate % in South region
Market overview
Demographics & Economy
New Church, VA has 2,021 residents in 1,080 households. Density runs 64 people per square mile. Median household income here is $41,886 and median gross rent $877 a month.
2,021
Population
1,080
Households
1.9
Avg Household Size
44
Median Age
5%
College-Educated
75%
High-School Grad
31.6 sq mi
ZIP Area
64
Density / Sq Mi
$41,886
Median Household Income
$24,470
Median Earnings
$877
Median Rent
$166,000
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Temperanceville | — | — |
| Pocomoke City | — | $11.99 |
Commercial property in New Church, VA asks $41/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in New Church?
Commercial property in New Church, VA asks an average of $41 per square foot. Office carries the highest asking price at $210/SF.
How much does it cost to lease commercial space in New Church?
Asking lease rates in New Church, VA average $19.29 per square foot per year.
Where does Realmo's New Church market data come from?
Realmo compiles New Church, VA figures from 43 active sale listings, 3 active lease listings, 130 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 43 active for-sale and 3 active for-lease listings in New Church, 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 · How Realmo checks market page data · Report a data issue
