Commercial Real Estate Market in Cresco, IA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
12 active listings and 395 off-market properties in Cresco, IA.
Market Trends
Cresco, IA spans 210.4 square miles in Howard County, Iowa. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Cresco, 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 Cresco, IA runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Cresco, 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 Cresco, 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 73.1%
- Industrial 14.9%
- Civic 12%
Largest Zones share of zoned land by district
Two Family Residential
Agricultural
Light Industrial
Single Family Residential
Central Business Commercial
Cresco, IA zones 2,134 acres across 8 districts. The largest single district is Two Family Residential at 31%. For commercial buyers the practical constraint is that only 14.9% of land carries a commercial or industrial designation.
Two Family Residential (R-2)
The purpose of R-2 zone is to provide single family dwelling, public or private parks, agricultural crops, but not the raising of poultry, pets, or livestock, two family dwellings, rooming and boarding houses, multi family dwellings provided, however, individual buildings shall contain not more than six dwelling units
Market overview
Demographics & Economy
Cresco, IA has 6,009 residents in 2,611 households. Density runs 29 people per square mile. Median household income here is $66,932 and median gross rent $721 a month.
6,009
Population
2,611
Households
2.3
Avg Household Size
43
Median Age
20%
College-Educated
93%
High-School Grad
210.4 sq mi
ZIP Area
29
Density / Sq Mi
$66,932
Median Household Income
$38,211
Median Earnings
$721
Median Rent
$153,300
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Vernon Springs | — | — |
| Bonair | — | — |
| Schley | — | — |
| Lime Springs | — | — |
Commercial property in Cresco, IA asks $104/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Cresco?
Commercial property in Cresco, IA asks an average of $104 per square foot.
What zoning applies to commercial property in Cresco?
Cresco, IA zones 2,134 acres across 8 districts, of which 0% is commercial and 14.9% industrial. The largest single district is Two Family Residential at 31% of zoned land. The purpose of R-2 zone is to provide single family dwelling, public or private parks, agricultural crops, but not the raising of poultry, pets, or livestock, two family dwellings, rooming and boarding houses, multi family dwellings provided, however, individual buildings shall contain not more than six dwelling units Residential zoning covers 73.1% and open space 0%.
Where does Realmo's Cresco market data come from?
Realmo compiles Cresco, IA figures from 3 recent recorded sales, 12 active sale listings, 395 tracked off-market properties, the current Cresco zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 12 active for-sale and 0 active for-lease listings in Cresco, 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: 2,134 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
