Commercial Real Estate Market in Fort Madison, IA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
18 active listings and 589 off-market properties in Fort Madison, IA.
Market Trends
Fort Madison, IA spans 63.9 square miles in Lee County, Iowa. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Fort Madison, 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 Fort Madison, IA runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Fort Madison, 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 Fort Madison, IA runs 8% across the Midwest region in 2025, up from 6.5% in 2022.
Vacancy Rate % in Midwest region
Market overview
Demographics & Economy
Fort Madison, IA has 12,350 residents in 6,134 households. Density runs 193 people per square mile. Median household income here is $54,864 and median gross rent $830 a month.
12,350
Population
6,134
Households
2
Avg Household Size
43
Median Age
21%
College-Educated
95%
High-School Grad
63.9 sq mi
ZIP Area
193
Density / Sq Mi
$54,864
Median Household Income
$39,058
Median Earnings
$830
Median Rent
$111,700
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Sawyer | — | — |
| Niota | — | — |
| Nauvoo | — | — |
| West Point | — | — |
Commercial property in Fort Madison, IA asks $15/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Fort Madison?
Commercial property in Fort Madison, IA asks an average of $15 per square foot. The 6 most recent recorded sales traded at a median of $34/SF.
Where does Realmo's Fort Madison market data come from?
Realmo compiles Fort Madison, IA figures from 7 recent recorded sales, 17 active sale listings, 1 active lease listings, 589 tracked off-market properties. 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 1 active for-lease listings in Fort Madison, 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.
- 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
