Commercial Real Estate Market in Clarence, IA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
2 active listings and 145 off-market properties in Clarence, IA.
Market Trends
Clarence, IA spans 58.0 square miles in Cedar County, Iowa. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Clarence, 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 Clarence, IA runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Clarence, 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 Clarence, 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 78.4%
- Commercial 12%
- Industrial 9.1%
- Residential 0.4%
Largest Zones share of zoned land by district
Residential
Agriculture
Business And Commercial
Industrial
Manufacturing Housing
Residential (RS)
This district is intended to provide for a variety of residential areas where public utilities and services are available and to encourage a suitable living environment through the promotion of public health, safety and welfare. Low and medium population density neighborhoods are recognized and provided for by varying the minimum bulk regulations. Criteria s…
Market overview
Demographics & Economy
Clarence, IA has 1,461 residents in 714 households. Density runs 25 people per square mile. Median household income here is $66,375 and median gross rent $878 a month.
1,461
Population
714
Households
2
Avg Household Size
46
Median Age
14%
College-Educated
96%
High-School Grad
58 sq mi
ZIP Area
25
Density / Sq Mi
$66,375
Median Household Income
$38,850
Median Earnings
$878
Median Rent
$165,400
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Stanwood | — | — |
| Olin | — | — |
| Oxford Mills | — | — |
| Hale | — | — |
Commercial property in Clarence, IA asks $5/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Clarence?
Commercial property in Clarence, IA asks an average of $5 per square foot.
Where does Realmo's Clarence market data come from?
Realmo compiles Clarence, IA figures from 2 active sale listings, 145 tracked off-market properties, the current Clarence zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 2 active for-sale and 0 active for-lease listings in Clarence, 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: 472 zoned acres across 5 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
