Commercial Real Estate Market in Ossian, IA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
3 active listings and 114 off-market properties in Ossian, IA.
Market Trends
Ossian, IA spans 53.1 square miles in Winneshiek County, Iowa. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Ossian, 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 Ossian, IA runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Ossian, 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 Ossian, IA runs 8% across the Midwest region in 2025, up from 6.5% in 2022.
Vacancy Rate % in Midwest region
Market overview
Demographics & Economy
Ossian, IA has 1,409 residents in 689 households. Density runs 27 people per square mile. Median household income here is $77,250 and median gross rent $715 a month.
1,409
Population
689
Households
2
Avg Household Size
46
Median Age
23%
College-Educated
90%
High-School Grad
53.1 sq mi
ZIP Area
27
Density / Sq Mi
$77,250
Median Household Income
$43,200
Median Earnings
$715
Median Rent
$173,500
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Castalia | — | — |
| Festina | — | — |
| Calmar | — | — |
| Nordness | — | — |
Commercial property in Ossian, IA asks $24/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Ossian?
Commercial property in Ossian, IA asks an average of $24 per square foot. The 4 most recent recorded sales traded at a median of $8/SF, so asking sits 194% above the achieved median.
Where does Realmo's Ossian market data come from?
Realmo compiles Ossian, IA figures from 4 recent recorded sales, 3 active sale listings, 114 tracked off-market properties. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 3 active for-sale and 0 active for-lease listings in Ossian, 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.
- 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, 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 August 2026 · report a data issue
