Commercial Real Estate Market in Conrad, IA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
54 active listings and 125 off-market properties in Conrad, IA.
Market Trends
Conrad, IA spans 62.9 square miles in Grundy County, Iowa. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Conrad, 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 Conrad, IA runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Conrad, 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 Conrad, 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 88.3%
- Industrial 9.6%
- Commercial 1.7%
- Residential 0.4%
Largest Zones share of zoned land by district
Agricultural
Single Family
Residential Multifamily District
High Industry
Light Industry
Residential Multifamily District (RM2)
Ch. 165 233 12-9-02 Rezoning from RM2 to MH Ch. 165 234 12-9-02 Rezoning from AG to RS10 Jun-05 90.04; 92.02(4); 92.04(3); 92.09; 99.02; 99.04 235 5-9-05 Water and Sewer Rates; Billing for Services; Deposits; Connections Sep-05 23.02 236 9-12-05 Board of Park Commissioners Feb-06 17.04(1) 237 1-25-06 Regular Council Meetings May-07 Ch. 114 238 5-11-06 Cable…
Market overview
Demographics & Economy
Conrad, IA has 1,450 residents in 750 households. Density runs 23 people per square mile. Median household income here is $86,146 and median gross rent $944 a month.
1,450
Population
750
Households
1.9
Avg Household Size
45
Median Age
27%
College-Educated
98%
High-School Grad
62.9 sq mi
ZIP Area
23
Density / Sq Mi
$86,146
Median Household Income
$48,203
Median Earnings
$944
Median Rent
$185,300
Median Home Value
Tools
Nearby Markets
Frequently Asked Questions
Where does Realmo's Conrad market data come from?
Realmo compiles Conrad, IA figures from 3 recent recorded sales, 54 active sale listings, 125 tracked off-market properties, the current Conrad zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 54 active for-sale and 0 active for-lease listings in Conrad, 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: 761 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
