Commercial Real Estate Market in Central City, IA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
5 active listings and 151 off-market properties in Central City, IA.
Market Trends
Central City, IA spans 90.2 square miles in Linn County, Iowa. Figures below refresh monthly; last updated 31 August 2026.
Office
Office space in Central City, IA asks $136/SF to buy. Vacancy runs 21.3% across the Midwest region in 2025, up from 13.7% in 2019.
Average Sale Price $/SF
Listings
Vacancy Rate % in Midwest region
Retail
Retail space in Central City, IA asks $152/SF to buy. Vacancy runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Average Sale Price $/SF
Listings
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Central City, 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 Central City, IA asks $115/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
Market overview
Demographics & Economy
Central City, IA has 3,001 residents in 1,339 households. Density runs 33 people per square mile. Median household income here is $83,450 and median gross rent $825 a month.
3,001
Population
1,339
Households
2.2
Avg Household Size
45
Median Age
22%
College-Educated
98%
High-School Grad
90.2 sq mi
ZIP Area
33
Density / Sq Mi
$83,450
Median Household Income
$49,672
Median Earnings
$825
Median Rent
$235,400
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Paris | — | — |
| Waubeek | — | — |
| Coggon | — | — |
| Prairieburg | — | — |
Commercial property in Central City, IA asks $104/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Central City?
Commercial property in Central City, IA asks an average of $104 per square foot. Retail carries the highest asking price at $152/SF.
Where does Realmo's Central City market data come from?
Realmo compiles Central City, IA figures from 2 recent recorded sales, 5 active sale listings, 151 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 5 active for-sale and 0 active for-lease listings in Central City, 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.
- 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
