Commercial Real Estate Market in Brooklyn, IA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
14 active listings and 147 off-market properties in Brooklyn, IA.
Market Trends
Brooklyn, IA spans 87.7 square miles in Poweshiek County, Iowa. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Brooklyn, 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 Brooklyn, IA runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Brooklyn, 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 Brooklyn, 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
- Residential 53.8%
- Agricultural 20.8%
- Industrial 14.7%
- Commercial 10.7%
Largest Zones share of zoned land by district
Residential
Agriculture
Commercial
Light Industry
Multiple Family
Brooklyn, IA zones 886 acres across 7 districts. Commercial zoning covers 10.7% of zoned land, residential 53.8% and industrial 14.7%. The largest single district is Residential at 46.6%. For commercial buyers the practical constraint is that only 25.4% of land carries a commercial or industrial designation.
Residential (R1)
The purpose of the R1 Residential District is to provide a quiet, spacious living neighborhood in which residents are protected from hazards such as fire, nuisances such as noise, odors, vibrations, congestion, and environmental and aesthetic degradation, and uses which are incompatible with the provisions of this chapter for this district
Market overview
Demographics & Economy
Brooklyn, IA has 2,592 residents in 1,516 households. Density runs 30 people per square mile. Median household income here is $71,635 and median gross rent $920 a month.
2,592
Population
1,516
Households
1.7
Avg Household Size
45
Median Age
16%
College-Educated
91%
High-School Grad
87.7 sq mi
ZIP Area
30
Density / Sq Mi
$71,635
Median Household Income
$44,826
Median Earnings
$920
Median Rent
$161,300
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Malcom | — | — |
| Hartwick | — | — |
| Guernsey | — | — |
| Victor | — | — |
Commercial property in Brooklyn, IA asks $568/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Brooklyn?
Commercial property in Brooklyn, IA asks an average of $568 per square foot.
What zoning applies to commercial property in Brooklyn?
Brooklyn, IA zones 886 acres across 7 districts, of which 10.7% is commercial and 14.7% industrial. The largest single district is Residential at 46.6% of zoned land. The purpose of the R1 Residential District is to provide a quiet, spacious living neighborhood in which residents are protected from hazards such as fire, nuisances such as noise, odors, vibrations, congestion, and environmental and aesthetic degradation, and uses which are incompatible with the provisions of this chapter for this district Residential zoning covers 53.8% and open space 0%.
Where does Realmo's Brooklyn market data come from?
Realmo compiles Brooklyn, IA figures from 2 recent recorded sales, 14 active sale listings, 147 tracked off-market properties, the current Brooklyn zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 14 active for-sale and 0 active for-lease listings in Brooklyn, 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: 886 zoned acres across 7 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
