Commercial Real Estate Market in Kalona, IA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
6 active listings and 351 off-market properties in Kalona, IA.
Market Trends
Kalona, IA spans 80.7 square miles in Washington County, Iowa. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Kalona, 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 Kalona, IA runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Kalona, 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 Kalona, 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 44.8%
- Residential 33.7%
- Industrial 12.6%
- Commercial 6.9%
- Civic 2%
Largest Zones share of zoned land by district
Agricultural
Single Family Residential
Heavy Industrial
Multifamily Residential
Highway Commercial
Single Family Residential (R-1)
R-1 -- Single Family Residential R-2 -- Two Family Residential R-3 -- Multi-family Residential R-4 -- Mobile Home C-1 -- Highway Professional C-2 -- Highway Commercial C-3 -- Central Business District M-1 -- Light Industrial M-2 -- Heavy Industrial PAD -- Planned Area Development (b) The locations and boundaries of these districts are shown on the official z…
Market overview
Demographics & Economy
Kalona, IA has 5,976 residents in 2,047 households. Density runs 74 people per square mile. Median household income here is $82,140 and median gross rent $806 a month.
5,976
Population
2,047
Households
2.9
Avg Household Size
38
Median Age
33%
College-Educated
86%
High-School Grad
80.7 sq mi
ZIP Area
74
Density / Sq Mi
$82,140
Median Household Income
$40,165
Median Earnings
$806
Median Rent
$257,400
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Richmond | — | — |
| Frytown | — | — |
| Williamstown | — | — |
| Riverside | — | — |
Commercial property in Kalona, IA asks $190/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Kalona?
Commercial property in Kalona, IA asks an average of $190 per square foot. The 6 most recent recorded sales traded at a median of $66/SF, so asking sits 187% above the achieved median.
Where does Realmo's Kalona market data come from?
Realmo compiles Kalona, IA figures from 6 recent recorded sales, 6 active sale listings, 351 tracked off-market properties, the current Kalona zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 6 active for-sale and 0 active for-lease listings in Kalona, 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: 1,975 zoned acres across 10 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, industrial vacancy is reported at Midwest region level and asking prices run materially above recent closed pricing.
- 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
