Commercial Real Estate Market in Asbury, IA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
7 active listings and 37 off-market properties in Asbury, IA.
Market Trends
Asbury, IA spans 29.2 square miles in Dubuque County, Iowa. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Asbury, 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 Asbury, IA runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Asbury, 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 space in Asbury, IA asks $67/SF to buy. Vacancy runs 8% across the Midwest region in 2025, up from 6.5% in 2022.
Average Sale Price $/SF
Listings
Vacancy Rate % in Midwest region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 93.3%
- Agricultural 5.4%
- Commercial 1.4%
Largest Zones share of zoned land by district
Single Family Residential
Two Family Residential
Rural Residential
Multifamily Residential
Agriculture
Asbury, IA zones 2,044 acres across 8 districts. Commercial zoning covers 1.4% of zoned land, residential 93.3%. The largest single district is Single Family Residential at 45.4%. For commercial buyers the practical constraint is that only 1.4% of land carries a commercial or industrial designation.
Agriculture (A-1)
City shall be placed in the A-1 Agriculture district, unless prior to annexation, such land is classified, effective upon annexation, as another zoning district. If voluntary annexation of the territory is requested, but the territory is not classified as requested by the applicant, the applicant may withdraw the voluntary annexation request. If not so class…
Market overview
Demographics & Economy
Asbury, IA has 17,177 residents in 7,535 households. Density runs 589 people per square mile. Median household income here is $88,060 and median gross rent $1,051 a month.
17,177
Population
7,535
Households
2.3
Avg Household Size
41
Median Age
40%
College-Educated
97%
High-School Grad
29.2 sq mi
ZIP Area
589
Density / Sq Mi
$88,060
Median Household Income
$50,161
Median Earnings
$1,051
Median Rent
$273,400
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Shawondasse | — | — |
| Durango | — | — |
| Sageville | — | — |
| National | — | — |
Commercial property in Asbury, IA asks $30/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Asbury?
Commercial property in Asbury, IA asks an average of $30 per square foot. Multifamily carries the highest asking price at $67/SF.
What zoning applies to commercial property in Asbury?
Asbury, IA zones 2,044 acres across 8 districts, of which 1.4% is commercial and 0% industrial. The largest single district is Single Family Residential at 45.4% of zoned land. Residential zoning covers 93.3% and open space 0%.
Where does Realmo's Asbury market data come from?
Realmo compiles Asbury, IA figures from 5 active sale listings, 2 active lease listings, 37 tracked off-market properties, the current Asbury zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 5 active for-sale and 2 active for-lease listings in Asbury, 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: 2,044 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
