Commercial Real Estate Market in Griswold, IA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
13 active listings and 165 off-market properties in Griswold, IA.
Market Trends
Griswold, IA spans 135.3 square miles in Cass County, Iowa. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Griswold, 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 Griswold, IA runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Griswold, 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 Griswold, 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
- Residential 74.1%
- Civic 12.8%
- Industrial 6.8%
- Commercial 6.4%
Largest Zones share of zoned land by district
Residential
Agricultural
Industrial
Central Business District
Highway Commercial
Griswold, IA zones 377 acres across 5 districts. Commercial zoning covers 6.4% of zoned land, residential 74.1% and industrial 6.8%. The largest single district is Residential at 74.1%. For commercial buyers the practical constraint is that only 13.1% of land carries a commercial or industrial designation.
Residential (R-1)
B. R - 1: Residential, provides for low density resid ential uses and multi-family housing. 4.82 Commercial Zones. Following are the commercia l zones established.
Market overview
Demographics & Economy
Griswold, IA has 1,764 residents in 825 households. Density runs 13 people per square mile. Median household income here is $83,929 and median gross rent $952 a month.
1,764
Population
825
Households
2.1
Avg Household Size
48
Median Age
20%
College-Educated
93%
High-School Grad
135.3 sq mi
ZIP Area
13
Density / Sq Mi
$83,929
Median Household Income
$45,614
Median Earnings
$952
Median Rent
$135,500
Median Home Value
Tools
Nearby Markets
Frequently Asked Questions
What zoning applies to commercial property in Griswold?
Griswold, IA zones 377 acres across 5 districts, of which 6.4% is commercial and 6.8% industrial. The largest single district is Residential at 74.1% of zoned land. B. R - 1: Residential, provides for low density resid ential uses and multi-family housing. 4.82 Commercial Zones. Following are the commercia l zones established. Residential zoning covers 74.1% and open space 0%.
Where does Realmo's Griswold market data come from?
Realmo compiles Griswold, IA figures from 3 recent recorded sales, 13 active sale listings, 165 tracked off-market properties, the current Griswold zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 13 active for-sale and 0 active for-lease listings in Griswold, 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: 377 zoned acres across 5 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
