Commercial Real Estate Market in Granger, IA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
42 active listings and 110 off-market properties in Granger, IA.
Market Trends
Granger, IA spans 19.4 square miles in Dallas County, Iowa. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Granger, 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 Granger, IA runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Granger, 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 Granger, 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
- Agricultural 42.1%
- Planned_development 34.8%
- Residential 17.1%
- Commercial 6%
Largest Zones share of zoned land by district
Agricultural District
Planned Unit Development Oak Creek
Single Family Residential District
Planned Unit Development Granger Hill
Planned Unit Development Windcrest
Agricultural District (A-1)
The purpose of this zoning district is to provide, Agriculture and the usual agriculture buildings and structures, Truck gardening and nurseries, Mining and extracting of minerals or raw material, Forest and forestry.
Market overview
Demographics & Economy
Granger, IA has 3,348 residents in 1,450 households. Density runs 173 people per square mile. Median household income here is $130,263 and median gross rent $923 a month.
3,348
Population
1,450
Households
2.3
Avg Household Size
37
Median Age
49%
College-Educated
98%
High-School Grad
19.4 sq mi
ZIP Area
173
Density / Sq Mi
$130,263
Median Household Income
$62,188
Median Earnings
$923
Median Rent
$337,400
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Grimes | — | $11.56 |
| Moran | — | — |
| Herrold | — | — |
| Polk City | — | — |
Commercial property in Granger, IA asks $29/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Granger?
Commercial property in Granger, IA asks an average of $29 per square foot. The 4 most recent recorded sales traded at a median of $52/SF.
Where does Realmo's Granger market data come from?
Realmo compiles Granger, IA figures from 4 recent recorded sales, 41 active sale listings, 1 active lease listings, 110 tracked off-market properties, the current Granger zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 41 active for-sale and 1 active for-lease listings in Granger, 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: 1,067 zoned acres across 12 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
