Commercial Real Estate Market in Exira, IA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
1 active listing and 168 off-market properties in Exira, IA.
Market Trends
Exira, IA spans 109.4 square miles in Audubon County, Iowa. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Exira, 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 Exira, IA runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Exira, 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 Exira, 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
- Industrial 48.1%
- Residential 27.4%
- Agricultural 21.3%
- Commercial 3.2%
Largest Zones share of zoned land by district
Light Industrial
Agricultural
One And Two Family Residence
Single Family Residence
Light Commercial
Exira, IA zones 657 acres across 7 districts. Commercial zoning covers 3.2% of zoned land, residential 27.4% and industrial 48.1%. The largest single district is Light Industrial at 48.1%. For commercial buyers the practical constraint is that only 51.3% of land carries a commercial or industrial designation.
Light Industrial (M-1)
The purpose of M-1 zone is to provide for areas of development by industrial firms that have high standards of performance and that can locate in close proximity to residential and business uses
Market overview
Demographics & Economy
Exira, IA has 1,436 residents in 630 households. Density runs 13 people per square mile. Median household income here is $48,462 and median gross rent $650 a month.
1,436
Population
630
Households
2.3
Avg Household Size
47
Median Age
14%
College-Educated
94%
High-School Grad
109.4 sq mi
ZIP Area
13
Density / Sq Mi
$48,462
Median Household Income
$32,976
Median Earnings
$650
Median Rent
$102,700
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Brayton | — | — |
| Hamlin | — | — |
| Sharon | — | — |
| Lorah | — | — |
Commercial property in Exira, IA asks $110/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Exira?
Commercial property in Exira, IA asks an average of $110 per square foot.
What zoning applies to commercial property in Exira?
Exira, IA zones 657 acres across 7 districts, of which 3.2% is commercial and 48.1% industrial. The largest single district is Light Industrial at 48.1% of zoned land. The purpose of M-1 zone is to provide for areas of development by industrial firms that have high standards of performance and that can locate in close proximity to residential and business uses Residential zoning covers 27.4% and open space 0%.
Where does Realmo's Exira market data come from?
Realmo compiles Exira, IA figures from 2 recent recorded sales, 1 active sale listings, 168 tracked off-market properties, the current Exira zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 1 active for-sale and 0 active for-lease listings in Exira, 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: 657 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
