Commercial Real Estate Market in Riner, VA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
12 active listings and 37 off-market properties in Riner, VA.
Market Trends
Riner, VA spans 55.1 square miles in Montgomery County, Virginia. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Riner, 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 Riner, VA runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Riner, 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 Riner, 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
Riner, VA has 3,632 residents in 1,572 households. Density runs 66 people per square mile. Median household income here is $65,259 and median gross rent $600 a month.
3,632
Population
1,572
Households
2.3
Avg Household Size
45
Median Age
23%
College-Educated
97%
High-School Grad
55.1 sq mi
ZIP Area
66
Density / Sq Mi
$65,259
Median Household Income
$41,261
Median Earnings
$600
Median Rent
$190,100
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Fairview | — | — |
| Christiansburg | — | — |
| Pilot | — | — |
| Radford | — | — |
Methodology & data sources
- Asking prices and averages
- Computed from 12 active for-sale and 0 active for-lease listings in Riner, 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 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
