Commercial Real Estate Market in Albia, IA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
18 active listings and 447 off-market properties in Albia, IA.
Market Trends
Albia, IA spans 223.0 square miles in Monroe County, Iowa. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Albia, IA runs 21.3% across the Midwest region in 2025, up from 13.7% in 2019.
Vacancy Rate % in Midwest region
Retail
Retail vacancy in Albia, IA runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Albia, IA runs 4.9% across the Midwest region in 2025, up from 4.4% in 2019. Nearly 1.6x the 2022 low of 3.1%.
Vacancy Rate % in Midwest region
Multifamily
Multifamily vacancy in Albia, IA runs 8% across the Midwest region in 2025, up from 6.5% in 2022.
Vacancy Rate % in Midwest region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Civic 51%
- Residential 14.3%
- Industrial 14.3%
- Commercial 10.4%
- Agricultural 9.2%
- Mixed use 0.8%
Largest Zones share of zoned land by district
Residential
Residential
Industrial
Business
Residential
Market overview
Demographics & Economy
Albia, IA has 5,817 residents in 2,724 households. Density runs 26 people per square mile. Median household income here is $74,081 and median gross rent $741 a month.
5,817
Population
2,724
Households
2.1
Avg Household Size
42
Median Age
21%
College-Educated
96%
High-School Grad
223 sq mi
ZIP Area
26
Density / Sq Mi
$74,081
Median Household Income
$48,953
Median Earnings
$741
Median Rent
$140,700
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Hiteman | — | — |
| Avery | — | — |
| Georgetown | — | — |
| Lovilia | — | — |
Commercial property in Albia, IA asks $0/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Albia?
Commercial property in Albia, IA asks an average of $0 per square foot.
Where does Realmo's Albia market data come from?
Realmo compiles Albia, IA figures from 6 recent recorded sales, 18 active sale listings, 447 tracked off-market properties, the current Albia zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 18 active for-sale and 0 active for-lease listings in Albia, IA. 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.
- Zoning and land use
- The current municipal zoning release: 2,248 zoned acres across 8 districts. Shares are of zoned land, so parcels the release leaves unclassified are excluded from the mix.
- 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 Midwest region level, retail vacancy is reported at Midwest region level and industrial vacancy is reported at Midwest 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
