Commercial Real Estate Market in Dubuque, IA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
430 active listings and 2,815 off-market properties in Dubuque, IA. Commercial property asks $134/SF to buy and $19.15/SF/Yr to lease.
Market Trends
Dubuque, IA spans 111.7 square miles in Dubuque County, Iowa. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Dubuque, 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 Dubuque, IA runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Dubuque, 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 Dubuque, IA asks $67/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 46.6%
- Planned_development 20.3%
- Agricultural 11.7%
- Commercial 9.9%
- Industrial 9.2%
- Civic 1.6%
- Open space 0.6%
- Mixed use 0.1%
Largest Zones share of zoned land by district
Single Family Residential
Agricultural
Planned Commercial
Planned Industrial
Planned Residential
Single Family Residential (R-1)
R - 1 Single - Family Residential The R - 1 District is the most restrictive residential district and is intended to protect low density residential areas from the encroachment of incompatible uses. The principal use of land in this district is for low density single - family dwellings and related recreational, religious and educational facilities. 5 - 2.1 P…
Market overview
Demographics & Economy
Dubuque, IA has 74,809 residents in 33,492 households. Density runs 670 people per square mile. Median household income here is $73,857 and median gross rent $954 a month.
74,809
Population
33,492
Households
2.2
Avg Household Size
39
Median Age
35%
College-Educated
94%
High-School Grad
111.7 sq mi
ZIP Area
670
Density / Sq Mi
$73,857
Median Household Income
$42,236
Median Earnings
$954
Median Rent
$210,298
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| National | — | — |
| Shawondasse | — | — |
| Key West | — | — |
| Sageville | — | — |
Commercial property in Dubuque, IA asks $134/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Dubuque?
Commercial property in Dubuque, IA asks an average of $134 per square foot. The 6 most recent recorded sales traded at a median of $105/SF, so asking sits 28% above the achieved median. Multifamily carries the highest asking price at $67/SF.
How much does it cost to lease commercial space in Dubuque?
Asking lease rates in Dubuque, IA average $19.15 per square foot per year.
Where does Realmo's Dubuque market data come from?
Realmo compiles Dubuque, IA figures from 8 recent recorded sales, 344 active sale listings, 86 active lease listings, 2,815 tracked off-market properties, the current Dubuque zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 344 active for-sale and 86 active for-lease listings in Dubuque, 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: 20,731 zoned acres across 42 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
