Commercial Real Estate Market in Correctionville, IA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
1 active listing and 185 off-market properties in Correctionville, IA.
Market Trends
Correctionville, IA spans 104.8 square miles in Woodbury County, Iowa. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Correctionville, 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 Correctionville, IA runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Correctionville, 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 Correctionville, IA asks $119/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 66.6%
- Commercial 15%
- Agricultural 6.1%
- Industrial 1.9%
Largest Zones share of zoned land by district
Single Family Residential
Commercial
Public Facility
Agriculture
Mixed Residential
Correctionville, IA zones 365 acres across 6 districts. Commercial zoning covers 15% of zoned land, residential 66.6% and industrial 1.9%. The largest single district is Single Family Residential at 61.9%. For commercial buyers the practical constraint is that only 16.9% of land carries a commercial or industrial designation.
Commercial (C)
C Commercial District ML Light Industrial District MH Heavy Industrial District PF Public Facilities District 165.06 LOCATION AND BOUNDARIES OF ZONING DISTRICTS. The location and boundaries of the zoning districts established b y this chapter are set forth on the map entitled “Zoning Map,” which is located in the City Hall and hereby made a part of this chap…
Market overview
Demographics & Economy
Correctionville, IA has 1,361 residents in 484 households. Density runs 13 people per square mile. Median household income here is $52,813 and median gross rent $925 a month.
1,361
Population
484
Households
2.8
Avg Household Size
43
Median Age
20%
College-Educated
87%
High-School Grad
104.8 sq mi
ZIP Area
13
Density / Sq Mi
$52,813
Median Household Income
$39,194
Median Earnings
$925
Median Rent
$88,300
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Cushing | — | — |
| Pierson | — | — |
| Anthon | — | — |
| Washta | — | — |
Commercial property in Correctionville, IA asks $125/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Correctionville?
Commercial property in Correctionville, IA asks an average of $125 per square foot. The 5 most recent recorded sales traded at a median of $41/SF, so asking sits 207% above the achieved median. Multifamily carries the highest asking price at $119/SF.
What zoning applies to commercial property in Correctionville?
Correctionville, IA zones 365 acres across 6 districts, of which 15% is commercial and 1.9% industrial. The largest single district is Single Family Residential at 61.9% of zoned land. Residential zoning covers 66.6% and open space 0%.
Where does Realmo's Correctionville market data come from?
Realmo compiles Correctionville, IA figures from 5 recent recorded sales, 1 active sale listings, 185 tracked off-market properties, the current Correctionville zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 1 active for-sale and 0 active for-lease listings in Correctionville, 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: 365 zoned acres across 6 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, industrial vacancy is reported at Midwest region level and asking prices run materially above recent closed pricing.
- 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
