Commercial Real Estate Market in Mason City, IA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
87 active listings and 1,919 off-market properties in Mason City, IA. Commercial property asks $78/SF to buy and $12.00/SF/Yr to lease (based on 9 listings).
Market Trends
Mason City, IA spans 148.2 square miles in Cerro Gordo County, Iowa. Figures below refresh monthly; last updated 31 October 2026.
Office
Office space in Mason City, IA has a median asking sale price of $53/SF (based on 5 listings). Vacancy runs 21.3% across the Midwest region in 2025, up from 13.7% in 2019.
Retail
Retail space in Mason City, IA has a median asking sale price of $193/SF. Vacancy runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Typical asking range for active listings in Mason City, IA (the middle half): Sale $125–$207/SF (median $193/SF, 10 listings).
Industrial
Industrial space in Mason City, IA has a median asking sale price of $43/SF (based on 4 listings). Vacancy runs 4.9% across the Midwest region in 2025, up from 4.4% in 2019. Nearly 1.6x the 2022 low of 3.1%.
Multifamily
Multifamily space in Mason City, IA has a median asking sale price of $39/SF (based on 3 listings). Vacancy runs 8% across the Midwest region in 2025, up from 6.5% in 2022.
Market overview
Demographics & Economy
Mason City, IA has 28,981 residents in 14,746 households. Density runs 196 people per square mile. Median household income here is $63,807 and median gross rent $868 a month.
Tools
Frequently Asked Questions
What is the median price per square foot for commercial property in Mason City?
How much does it cost to lease commercial space in Mason City?
Where does Realmo's Mason City market data come from?
Methodology & data sources
- Asking prices and medians
- There are 51 active for-sale and 36 active for-lease listings in Mason City, IA. The medians are based on 22 of the for-sale and 9 of the for-lease listings, those that state a price or rent per square foot. These are ASKING figures from live listings, not closed-transaction prices, and a figure resting on fewer than 10 listings says so where it is quoted.
- 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 October 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 October 2026 · How Realmo checks market page data · Report a data issue
