Commercial Real Estate Market in Harlan, IA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
1 active listing and 512 off-market properties in Harlan, IA.
Market Trends
Harlan, IA spans 163.8 square miles in Shelby County, Iowa. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Harlan, 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 Harlan, IA runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Harlan, 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 Harlan, 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 38.8%
- Civic 34.8%
- Industrial 20.8%
- Residential 5%
- Commercial 0.6%
- Planned_development 0.2%
Largest Zones share of zoned land by district
Agricultural
One Family Residential
One And Two Family Residential
General Industrial
Highway Business
One And Two Family Residential (R-2)
District, or fifty (50) feet in any R-2 District. C. Side yards may be reduced by three (3) inches from the otherwise required least width of each side yard for each foot by which a lot of record at the time of enactment of the regulations is narrower than the lot width specified for the district in which the lot is located, in the case of buildings not high…
Market overview
Demographics & Economy
Harlan, IA has 6,509 residents in 2,893 households. Density runs 40 people per square mile. Median household income here is $62,353 and median gross rent $854 a month.
6,509
Population
2,893
Households
2.2
Avg Household Size
46
Median Age
24%
College-Educated
94%
High-School Grad
163.8 sq mi
ZIP Area
40
Density / Sq Mi
$62,353
Median Household Income
$40,585
Median Earnings
$854
Median Rent
$161,800
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Westphalia | — | — |
| Kirkman | — | — |
| Red Line | — | — |
| Tennant | — | — |
Frequently Asked Questions
Where does Realmo's Harlan market data come from?
Realmo compiles Harlan, IA figures from 6 recent recorded sales, 1 active sale listings, 512 tracked off-market properties, the current Harlan 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 Harlan, 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: 2,837 zoned acres across 14 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
