Commercial Real Estate Market in Evansdale, IA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
17 active listings and 348 off-market properties in Evansdale, IA.
Market Trends
Evansdale, IA spans 8.2 square miles in Black Hawk County, Iowa. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Evansdale, 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 Evansdale, IA runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Evansdale, 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 Evansdale, 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
- Open space 45.9%
- Residential 29.8%
- Commercial 21.5%
- Industrial 2.9%
Largest Zones share of zoned land by district
Unclassified District
Residence District
One And Two Family Residence District
Commercial District
Industrial District
Evansdale, IA zones 2,611 acres across 9 districts. Commercial zoning covers 21.5% of zoned land, residential 29.8%, open space 45.9% and industrial 2.9%. The largest single district is Unclassified District at 45.9%. For commercial buyers the practical constraint is that only 24.4% of land carries a commercial or industrial designation.
Market overview
Demographics & Economy
Evansdale, IA has 7,708 residents in 3,555 households. Density runs 939 people per square mile. Median household income here is $61,451 and median gross rent $922 a month.
7,708
Population
3,555
Households
2.2
Avg Household Size
42
Median Age
14%
College-Educated
90%
High-School Grad
8.2 sq mi
ZIP Area
939
Density / Sq Mi
$61,451
Median Household Income
$32,815
Median Earnings
$922
Median Rent
$142,600
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Elk Run Heights | — | — |
| Raymar | — | — |
| Raymond | — | — |
| Waterloo | — | $16.74 |
Commercial property in Evansdale, IA asks $2,080/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Evansdale?
Commercial property in Evansdale, IA asks an average of $2,080 per square foot. The 4 most recent recorded sales traded at a median of $69/SF, so asking sits 2904% above the achieved median.
What zoning applies to commercial property in Evansdale?
Evansdale, IA zones 2,611 acres across 9 districts, of which 21.5% is commercial and 2.9% industrial. The largest single district is Unclassified District at 45.9% of zoned land. Residential zoning covers 29.8% and open space 45.9%.
Where does Realmo's Evansdale market data come from?
Realmo compiles Evansdale, IA figures from 5 recent recorded sales, 17 active sale listings, 348 tracked off-market properties, the current Evansdale zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 17 active for-sale and 0 active for-lease listings in Evansdale, 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: 2,611 zoned acres across 9 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, industrial vacancy is reported at Midwest region level and asking prices run materially above recent closed pricing.
- 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
