Commercial Real Estate Market in Rural Retreat, VA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
12 active listings and 83 off-market properties in Rural Retreat, VA.
Market Trends
Rural Retreat, VA spans 86.6 square miles in Wythe County, Virginia. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Rural Retreat, 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 Rural Retreat, VA runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Rural Retreat, 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 Rural Retreat, 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
Rural Retreat, VA has 4,896 residents in 2,275 households. Density runs 57 people per square mile. Median household income here is $66,234 and median gross rent $725 a month.
4,896
Population
2,275
Households
2.2
Avg Household Size
45
Median Age
23%
College-Educated
94%
High-School Grad
86.6 sq mi
ZIP Area
57
Density / Sq Mi
$66,234
Median Household Income
$36,010
Median Earnings
$725
Median Rent
$163,200
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Crockett | — | — |
| Grosclose | — | — |
| Atkins | — | — |
| Speedwell | — | — |
Commercial property in Rural Retreat, VA asks $725/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Rural Retreat?
Commercial property in Rural Retreat, VA asks an average of $725 per square foot. The 4 most recent recorded sales traded at a median of $124/SF, so asking sits 484% above the achieved median.
Where does Realmo's Rural Retreat market data come from?
Realmo compiles Rural Retreat, VA figures from 6 recent recorded sales, 12 active sale listings, 83 tracked off-market properties. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 12 active for-sale and 0 active for-lease listings in Rural Retreat, 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, industrial vacancy is reported at South region level and asking prices run materially above recent closed pricing.
- 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
