Commercial Real Estate Market in Burlington, IA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
112 active listings and 1,538 off-market properties in Burlington, IA.
Market Trends
Burlington, IA spans 109.3 square miles in Des Moines County, Iowa. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Burlington, 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 Burlington, IA runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Burlington, 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 Burlington, IA asks $17/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 68.5%
- Industrial 22.4%
- Special 5.6%
- Mixed use 1.8%
- Commercial 1.7%
Largest Zones share of zoned land by district
Single Family Residential
Single Family Residential Non Traditional
Heavy Industrial
Multifamily Residential
General Commercial
Burlington, IA zones 9,500 acres across 10 districts. Commercial zoning covers 1.7% of zoned land, residential 68.5% and industrial 22.4%. The largest single district is Single Family Residential at 30.6%. For commercial buyers the practical constraint is that only 24.1% of land carries a commercial or industrial designation.
Single Family Residential (R1)
This district is intended to provide for a variety of single family residential areas where public utilities and services are available and may further provide a transition area between residential growth and agriculture
Market overview
Demographics & Economy
Burlington, IA has 27,899 residents in 14,107 households. Density runs 255 people per square mile. Median household income here is $57,123 and median gross rent $921 a month.
27,899
Population
14,107
Households
2
Avg Household Size
43
Median Age
24%
College-Educated
94%
High-School Grad
109.3 sq mi
ZIP Area
255
Density / Sq Mi
$57,123
Median Household Income
$35,594
Median Earnings
$921
Median Rent
$125,500
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Carthage Lake | — | — |
| West Burlington | — | — |
| Carman | — | — |
| Hopper | — | — |
Commercial property in Burlington, IA asks $92/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Burlington?
Commercial property in Burlington, IA asks an average of $92 per square foot. The 5 most recent recorded sales traded at a median of $46/SF, so asking sits 99% above the achieved median. Multifamily carries the highest asking price at $17/SF.
What zoning applies to commercial property in Burlington?
Burlington, IA zones 9,500 acres across 10 districts, of which 1.7% is commercial and 22.4% industrial. The largest single district is Single Family Residential at 30.6% of zoned land. This district is intended to provide for a variety of single family residential areas where public utilities and services are available and may further provide a transition area between residential growth and agriculture Residential zoning covers 68.5% and open space 0%.
Where does Realmo's Burlington market data come from?
Realmo compiles Burlington, IA figures from 7 recent recorded sales, 106 active sale listings, 6 active lease listings, 1,538 tracked off-market properties, the current Burlington zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 106 active for-sale and 6 active for-lease listings in Burlington, 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: 9,500 zoned acres across 10 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
