Commercial Real Estate Market in Olin, IA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
2 active listings and 45 off-market properties in Olin, IA.
Market Trends
Olin, IA spans 58.1 square miles in Jones County, Iowa. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Olin, 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 Olin, IA runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Olin, 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 Olin, 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 90.9%
- Industrial 9.1%
Largest Zones share of zoned land by district
Residential District
Residential District
Commercial District
Olin, IA zones 640 acres across 3 districts. The largest single district is Residential District at 62.1%. For commercial buyers the practical constraint is that only 9.1% of land carries a commercial or industrial designation.
Residential District (R-2)
A low density zone primarily for single family dwellings, typically allowing smaller minimum lot sizes than R-1 to accommodate slightly higher density while maintaining a residential character
Market overview
Demographics & Economy
Olin, IA has 1,087 residents in 507 households. Density runs 19 people per square mile. Median household income here is $70,000 and median gross rent $742 a month.
1,087
Population
507
Households
2.1
Avg Household Size
43
Median Age
8%
College-Educated
93%
High-School Grad
58.1 sq mi
ZIP Area
19
Density / Sq Mi
$70,000
Median Household Income
$37,303
Median Earnings
$742
Median Rent
$132,400
Median Home Value
Tools
Nearby Markets
Frequently Asked Questions
What zoning applies to commercial property in Olin?
Olin, IA zones 640 acres across 3 districts, of which 0% is commercial and 9.1% industrial. The largest single district is Residential District at 62.1% of zoned land. A low density zone primarily for single family dwellings, typically allowing smaller minimum lot sizes than R-1 to accommodate slightly higher density while maintaining a residential character Residential zoning covers 90.9% and open space 0%.
Where does Realmo's Olin market data come from?
Realmo compiles Olin, IA figures from 2 active sale listings, 45 tracked off-market properties, the current Olin zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 2 active for-sale and 0 active for-lease listings in Olin, 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: 640 zoned acres across 3 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
