Commercial Real Estate Market in Eldora, IA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
7 active listings and 387 off-market properties in Eldora, IA.
Market Trends
Eldora, IA spans 105.5 square miles in Hardin County, Iowa. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Eldora, 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 Eldora, IA runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Eldora, 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 Eldora, 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 77.5%
- Industrial 18.6%
- Commercial 3.9%
Largest Zones share of zoned land by district
One And Two Family Residence
Single Family Residence
Light Industrial
Heavy Industrial
Multifamily Residence
Eldora, IA zones 2,731 acres across 7 districts. Commercial zoning covers 3.9% of zoned land, residential 77.5% and industrial 18.6%. The largest single district is One And Two Family Residence at 41.9%. For commercial buyers the practical constraint is that only 22.5% of land carries a commercial or industrial designation.
One And Two Family Residence (R-2)
The intent of R-2 district is provide One And Two Family Residence
Market overview
Demographics & Economy
Eldora, IA has 3,367 residents in 1,598 households. Density runs 32 people per square mile. Median household income here is $71,357 and median gross rent $730 a month.
3,367
Population
1,598
Households
2.1
Avg Household Size
44
Median Age
19%
College-Educated
91%
High-School Grad
105.5 sq mi
ZIP Area
32
Density / Sq Mi
$71,357
Median Household Income
$41,635
Median Earnings
$730
Median Rent
$122,400
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Steamboat Rock | — | — |
| Gifford | — | — |
| Union | — | — |
| Owasa | — | — |
Commercial property in Eldora, IA asks $24/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Eldora?
Commercial property in Eldora, IA asks an average of $24 per square foot.
What zoning applies to commercial property in Eldora?
Eldora, IA zones 2,731 acres across 7 districts, of which 3.9% is commercial and 18.6% industrial. The largest single district is One And Two Family Residence at 41.9% of zoned land. The intent of R-2 district is provide One And Two Family Residence Residential zoning covers 77.5% and open space 0%.
Where does Realmo's Eldora market data come from?
Realmo compiles Eldora, IA figures from 7 active sale listings, 387 tracked off-market properties, the current Eldora zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 7 active for-sale and 0 active for-lease listings in Eldora, 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: 2,731 zoned acres across 7 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
