Commercial Real Estate Market in Dike, IA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
2 active listings and 87 off-market properties in Dike, IA.
Market Trends
Dike, IA spans 51.4 square miles in Grundy County, Iowa. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Dike, 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 Dike, IA runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Dike, 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 Dike, 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 57.4%
- Industrial 40%
- Commercial 2.7%
Largest Zones share of zoned land by district
Single Family Residential District
Suburban Agricultural District
Heavy Industrial And Or Manufacturing District
Light Industrial And Or Manufacturing District
Central Commercial District
Dike, IA zones 850 acres across 8 districts. Commercial zoning covers 2.7% of zoned land, residential 57.4% and industrial 40%. The largest single district is Single Family Residential District at 57.4%. For commercial buyers the practical constraint is that only 42.6% of land carries a commercial or industrial designation.
Single Family Residential District (R-1)
The R-1 is the most restrictive Residential District. The principal use of land is for single family residential uses and related recreational, religious, and educational facilities normally required to provide an orderly and attractive residential area. These residential areas are intended to be defined and protected from encroachment of uses which are not…
Market overview
Demographics & Economy
Dike, IA has 1,835 residents in 656 households. Density runs 36 people per square mile. Median household income here is $93,333 and median gross rent $708 a month.
1,835
Population
656
Households
2.8
Avg Household Size
39
Median Age
37%
College-Educated
97%
High-School Grad
51.4 sq mi
ZIP Area
36
Density / Sq Mi
$93,333
Median Household Income
$51,382
Median Earnings
$708
Median Rent
$243,500
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Stout | — | — |
| New Hartford | — | — |
| Reinbeck | — | — |
| Morrison | — | — |
Commercial property in Dike, IA asks $102/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Dike?
Commercial property in Dike, IA asks an average of $102 per square foot.
What zoning applies to commercial property in Dike?
Dike, IA zones 850 acres across 8 districts, of which 2.7% is commercial and 40% industrial. The largest single district is Single Family Residential District at 57.4% of zoned land. The R-1 is the most restrictive Residential District. The principal use of land is for single family residential uses and related recreational, religious, and educational facilities normally required to provide an orderly and attractive residential area. These residential areas are intended to be defined and protected from encroachment of uses which are not… Residential zoning covers 57.4% and open space 0%.
Where does Realmo's Dike market data come from?
Realmo compiles Dike, IA figures from 2 active sale listings, 87 tracked off-market properties, the current Dike zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 2 active for-sale and 0 active for-lease listings in Dike, 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: 850 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
