Commercial Real Estate Market in Greenfield, IA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
4 active listings and 362 off-market properties in Greenfield, IA.
Market Trends
Greenfield, IA spans 114.1 square miles in Adair County, Iowa. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Greenfield, 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 Greenfield, IA runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Greenfield, 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 Greenfield, IA runs 8% across the Midwest region in 2025, up from 6.5% in 2022.
Vacancy Rate % in Midwest region
Market overview
Demographics & Economy
Greenfield, IA has 2,784 residents in 1,239 households. Density runs 24 people per square mile. Median household income here is $60,375 and median gross rent $597 a month.
2,784
Population
1,239
Households
2.2
Avg Household Size
44
Median Age
25%
College-Educated
97%
High-School Grad
114.1 sq mi
ZIP Area
24
Density / Sq Mi
$60,375
Median Household Income
$45,039
Median Earnings
$597
Median Rent
$127,500
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Fontanelle | — | — |
| Howe | — | — |
| Orient | — | — |
| Arbor Hill | — | — |
Frequently Asked Questions
Where does Realmo's Greenfield market data come from?
Realmo compiles Greenfield, IA figures from 4 recent recorded sales, 4 active sale listings, 362 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 4 active for-sale and 0 active for-lease listings in Greenfield, 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
