Commercial Real Estate Market in Milo, IA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
7 active listings and 70 off-market properties in Milo, IA.
Market Trends
Milo, IA spans 59.7 square miles in Warren County, Iowa. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Milo, 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 Milo, IA runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Milo, 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 Milo, 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 72.1%
- Open space 11.7%
- Industrial 9%
- Agricultural 2.6%
- Commercial 1.8%
Largest Zones share of zoned land by district
Single Family Residential District
Floodplain And Conservation District
Light Industrial District
Buffer
Agricultural District
Milo, IA zones 392 acres across 7 districts. Commercial zoning covers 1.8% of zoned land, residential 72.1%, open space 11.7% and industrial 9%. The largest single district is Single Family Residential District at 71.4%. For commercial buyers the practical constraint is that only 10.8% of land carries a commercial or industrial designation.
Floodplain And Conservation District (FPC)
The FPC Districts (Floodplain and Conservation Districts) are intended to preserve and protect the river and stream banks and floodplains of the City as well as the heavily wooded areas from adverse future development. It is further intended that development of the floodplains be restricted to minimize the danger to life and property which results from devel…
Market overview
Demographics & Economy
Milo, IA has 1,511 residents in 737 households. Density runs 25 people per square mile. Median household income here is $107,550 and median gross rent $835 a month.
1,511
Population
737
Households
2.1
Avg Household Size
40
Median Age
21%
College-Educated
96%
High-School Grad
59.7 sq mi
ZIP Area
25
Density / Sq Mi
$107,550
Median Household Income
$50,987
Median Earnings
$835
Median Rent
$235,700
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Sandyville | — | — |
| Liberty Center | — | — |
| Beech | — | — |
| Indianola | — | — |
Frequently Asked Questions
What zoning applies to commercial property in Milo?
Milo, IA zones 392 acres across 7 districts, of which 1.8% is commercial and 9% industrial. The largest single district is Single Family Residential District at 71.4% of zoned land. Residential zoning covers 72.1% and open space 11.7%.
Where does Realmo's Milo market data come from?
Realmo compiles Milo, IA figures from 7 active sale listings, 70 tracked off-market properties, the current Milo zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 7 active for-sale and 0 active for-lease listings in Milo, 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: 392 zoned acres across 7 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
