Commercial Real Estate Market in Manchester, IA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
19 active listings and 638 off-market properties in Manchester, IA.
Market Trends
Manchester, IA spans 138.9 square miles in Delaware County, Iowa. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Manchester, 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 Manchester, IA runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Manchester, 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 Manchester, 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 65.3%
- Industrial 14.9%
- Commercial 14.9%
- Mixed use 3.2%
- Planned_development 1.7%
Largest Zones share of zoned land by district
Single Family Low Density District 80
Agricultural And Urban Reserve District
Highway Commercial District
Heavy Industrial District
Single Family Low Density District 70
Manchester, IA zones 2,673 acres across 15 districts. Commercial zoning covers 14.9% of zoned land, residential 65.3% and industrial 14.9%. The largest single district is Single Family Low Density District 80 at 27.8%. For commercial buyers the practical constraint is that only 29.8% of land carries a commercial or industrial designation.
Single Family Low Density District 80 (R1-80)
The intent of this zone is to provide for single family residential development at a gross density of approximately four units per acre, with lots that maintain a spacious, suburban character and full access to community facilities and urban services, including city water and sanitary sewer.
Market overview
Demographics & Economy
Manchester, IA has 8,064 residents in 4,049 households. Density runs 58 people per square mile. Median household income here is $71,467 and median gross rent $737 a month.
8,064
Population
4,049
Households
2
Avg Household Size
45
Median Age
23%
College-Educated
91%
High-School Grad
138.9 sq mi
ZIP Area
58
Density / Sq Mi
$71,467
Median Household Income
$40,600
Median Earnings
$737
Median Rent
$168,800
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Masonville | — | — |
| Dutchtown | — | — |
| Thorpe | — | — |
| Delaware | — | — |
Commercial property in Manchester, IA asks $56/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Manchester?
Commercial property in Manchester, IA asks an average of $56 per square foot. The 6 most recent recorded sales traded at a median of $107/SF.
What zoning applies to commercial property in Manchester?
Manchester, IA zones 2,673 acres across 15 districts, of which 14.9% is commercial and 14.9% industrial. The largest single district is Single Family Low Density District 80 at 27.8% of zoned land. The intent of this zone is to provide for single family residential development at a gross density of approximately four units per acre, with lots that maintain a spacious, suburban character and full access to community facilities and urban services, including city water and sanitary sewer. Residential zoning covers 65.3% and open space 0%.
Where does Realmo's Manchester market data come from?
Realmo compiles Manchester, IA figures from 6 recent recorded sales, 13 active sale listings, 6 active lease listings, 638 tracked off-market properties, the current Manchester 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 6 active for-lease listings in Manchester, 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: 2,673 zoned acres across 15 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
