Commercial Real Estate Market in Corydon, IA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
26 active listings and 149 off-market properties in Corydon, IA.
Market Trends
Corydon, IA spans 173.2 square miles in Wayne County, Iowa. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Corydon, 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 Corydon, IA runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Corydon, 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 Corydon, 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
- Residential 62.1%
- Industrial 30.9%
- Commercial 5.5%
- Agricultural 1.6%
Largest Zones share of zoned land by district
One Two Family Residential District
Single Family Residential District
Heavy Industrial District
Light Industrial District
Multifamily Residential District
Corydon, IA zones 1,198 acres across 8 districts. Commercial zoning covers 5.5% of zoned land, residential 62.1% and industrial 30.9%. The largest single district is One Two Family Residential District at 32.1%. For commercial buyers the practical constraint is that only 36.3% of land carries a commercial or industrial designation.
One Two Family Residential District (R-2)
The R-2, One and Two Family Residential District is established for the purpose of allowing a slightly higher density than in the R-1 District and yet retain the residential character. This District allows single family homes, two family structures (duplexes), home occupations, certain community facilities and certain conditional uses.
Market overview
Demographics & Economy
Corydon, IA has 2,581 residents in 1,126 households. Density runs 15 people per square mile. Median household income here is $56,779 and median gross rent $725 a month.
2,581
Population
1,126
Households
2.3
Avg Household Size
41
Median Age
16%
College-Educated
91%
High-School Grad
173.2 sq mi
ZIP Area
15
Density / Sq Mi
$56,779
Median Household Income
$42,070
Median Earnings
$725
Median Rent
$109,200
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Sewal | — | — |
| Cambria | — | — |
| Millerton | — | — |
| Allerton | — | — |
Commercial property in Corydon, IA asks $10,408/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Corydon?
Commercial property in Corydon, IA asks an average of $10,408 per square foot.
What zoning applies to commercial property in Corydon?
Corydon, IA zones 1,198 acres across 8 districts, of which 5.5% is commercial and 30.9% industrial. The largest single district is One Two Family Residential District at 32.1% of zoned land. The R-2, One and Two Family Residential District is established for the purpose of allowing a slightly higher density than in the R-1 District and yet retain the residential character. This District allows single family homes, two family structures (duplexes), home occupations, certain community facilities and certain conditional uses. Residential zoning covers 62.1% and open space 0%.
Where does Realmo's Corydon market data come from?
Realmo compiles Corydon, IA figures from 26 active sale listings, 149 tracked off-market properties, the current Corydon zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 26 active for-sale and 0 active for-lease listings in Corydon, 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: 1,198 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
