Commercial Real Estate Market in Creston, IA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
19 active listings and 716 off-market properties in Creston, IA.
Market Trends
Creston, IA spans 207.2 square miles in Union County, Iowa. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Creston, 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 Creston, IA runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Creston, 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 Creston, 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 71.9%
- Commercial 15.5%
- Industrial 10.3%
- Special 2.3%
Largest Zones share of zoned land by district
Single Family Residential
Two Or Multiple Family
Commercial
Heavy Industrial
Light Industrial
Creston, IA zones 3,351 acres across 8 districts. Commercial zoning covers 15.5% of zoned land, residential 71.9% and industrial 10.3%. The largest single district is Single Family Residential at 53.3%. For commercial buyers the practical constraint is that only 25.8% of land carries a commercial or industrial designation.
Single Family Residential (R-1)
R-1 Single-Family Residential R-2 Two-Family or Multiple Family R-3 Mobile Home Residential Commercial District C-1 Commercial C-2 Light Commercial Office Share Download Bookmark Print (Ord. 03-69 - Nov. 03 Supp.) Industrial Districts I-1 Light Industrial I-2 Heavy Industrial Flood Plain District Flood Plain District (Overlay District) Share Download Bookmar…
Market overview
Demographics & Economy
Creston, IA has 9,245 residents in 4,566 households. Density runs 45 people per square mile. Median household income here is $55,453 and median gross rent $676 a month.
9,245
Population
4,566
Households
2
Avg Household Size
41
Median Age
26%
College-Educated
95%
High-School Grad
207.2 sq mi
ZIP Area
45
Density / Sq Mi
$55,453
Median Household Income
$35,522
Median Earnings
$676
Median Rent
$120,700
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Cromwell | — | — |
| Kent | — | — |
| Afton | — | — |
| Zion | — | — |
Commercial property in Creston, IA asks $15/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Creston?
Commercial property in Creston, IA asks an average of $15 per square foot. The 7 most recent recorded sales traded at a median of $48/SF.
What zoning applies to commercial property in Creston?
Creston, IA zones 3,351 acres across 8 districts, of which 15.5% is commercial and 10.3% industrial. The largest single district is Single Family Residential at 53.3% of zoned land. R-1 Single-Family Residential R-2 Two-Family or Multiple Family R-3 Mobile Home Residential Commercial District C-1 Commercial C-2 Light Commercial Office Share Download Bookmark Print (Ord. 03-69 - Nov. 03 Supp.) Industrial Districts I-1 Light Industrial I-2 Heavy Industrial Flood Plain District Flood Plain District (Overlay District) Share Download Bookmar… Residential zoning covers 71.9% and open space 0%.
Where does Realmo's Creston market data come from?
Realmo compiles Creston, IA figures from 7 recent recorded sales, 19 active sale listings, 716 tracked off-market properties, the current Creston zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 19 active for-sale and 0 active for-lease listings in Creston, 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: 3,351 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
