Commercial Real Estate Market in Port Republic, VA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
Market Trends
Port Republic, VA spans 16.5 square miles in Rockingham County, Virginia. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Port Republic, 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 Port Republic, VA runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Port Republic, 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 Port Republic, 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
Port Republic, VA has 1,471 residents in 768 households. Density runs 89 people per square mile. Median household income here is $103,100.
1,471
Population
768
Households
1.9
Avg Household Size
46
Median Age
28%
College-Educated
94%
High-School Grad
16.5 sq mi
ZIP Area
89
Density / Sq Mi
$103,100
Median Household Income
$39,722
Median Earnings
$0
Median Rent
$347,400
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Grottoes | — | — |
| Crosskeys | — | — |
| Harriston | — | — |
| Weyers Cave | — | — |
Methodology & data sources
- 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 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 August 2026 · report a data issue
