Commercial Real Estate Market in Newton, IA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
64 active listings and 906 off-market properties in Newton, IA.
Market Trends
Newton, IA spans 158.5 square miles in Jasper County, Iowa. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Newton, 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 Newton, IA runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Newton, 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 space in Newton, IA asks $124/SF to buy. Vacancy runs 8% across the Midwest region in 2025, up from 6.5% in 2022.
Average Sale Price $/SF
Listings
Vacancy Rate % in Midwest region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 47.4%
- Industrial 26.5%
- Commercial 25.5%
- Civic 0.5%
Largest Zones share of zoned land by district
One And Two Family Dwelling District
Agricultural District
Arterial Commercial District
Tourist Oriented Commercial And Prairie Fire Design Overlay District
Light Industrial District
Newton, IA zones 7,177 acres across 13 districts. Commercial zoning covers 25.5% of zoned land, residential 47.4% and industrial 26.5%. The largest single district is One And Two Family Dwelling District at 27.9%. For commercial buyers the practical constraint is that only 52% of land carries a commercial or industrial designation.
Arterial Commercial District (C-A)
The C-A: Arterial Commercial District is a medium intensity commercial district intended to provide for business activities located along and adjacent to major traffic generators which are substantially dependent upon vehicular access to support the nature of the business. (B) Locational criteria. The C-A: Arterial Commercial District is appropriately locate…
Market overview
Demographics & Economy
Newton, IA has 20,918 residents in 8,919 households. Density runs 132 people per square mile. Median household income here is $61,064 and median gross rent $830 a month.
20,918
Population
8,919
Households
2.3
Avg Household Size
42
Median Age
17%
College-Educated
91%
High-School Grad
158.5 sq mi
ZIP Area
132
Density / Sq Mi
$61,064
Median Household Income
$37,490
Median Earnings
$830
Median Rent
$161,900
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Lambs Grove | — | — |
| Ira | — | — |
| Kellogg | — | — |
| Reasnor | — | — |
Commercial property in Newton, IA asks $114/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Newton?
Commercial property in Newton, IA asks an average of $114 per square foot. The 4 most recent recorded sales traded at a median of $72/SF, so asking sits 59% above the achieved median. Multifamily carries the highest asking price at $124/SF.
What zoning applies to commercial property in Newton?
Newton, IA zones 7,177 acres across 13 districts, of which 25.5% is commercial and 26.5% industrial. The largest single district is One And Two Family Dwelling District at 27.9% of zoned land. Residential zoning covers 47.4% and open space 0%.
Where does Realmo's Newton market data come from?
Realmo compiles Newton, IA figures from 5 recent recorded sales, 61 active sale listings, 3 active lease listings, 906 tracked off-market properties, the current Newton zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 61 active for-sale and 3 active for-lease listings in Newton, 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: 7,177 zoned acres across 13 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
