Commercial Real Estate Market in Parkersburg, IA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
6 active listings and 180 off-market properties in Parkersburg, IA.
Market Trends
Parkersburg, IA spans 98.9 square miles in Butler County, Iowa. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Parkersburg, 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 Parkersburg, IA runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Parkersburg, 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 Parkersburg, 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
- Commercial 34%
- Residential 29.7%
- Special 19.1%
- Industrial 17.3%
Largest Zones share of zoned land by district
Single Family Residential
Mixed Residential
Unclassified
Agricultural
Light Industrial
Parkersburg, IA zones 924 acres across 10 districts. Commercial zoning covers 34% of zoned land, residential 29.7% and industrial 17.3%. The largest single district is Single Family Residential at 29.7%. For commercial buyers the practical constraint is that only 51.2% of land carries a commercial or industrial designation.
Single Family Residential (R-1)
The “R -1” District is the most restrictive Residential District and is to be considered the most restrictive District in this Ordinance. The principal use of land is exclusively for single -family residential uses as well as related recreational, religious, and educational facilities normally found in an orderly and attractive residential area. Residential…
Market overview
Demographics & Economy
Parkersburg, IA has 2,893 residents in 1,289 households. Density runs 29 people per square mile. Median household income here is $72,434 and median gross rent $877 a month.
2,893
Population
1,289
Households
2.2
Avg Household Size
43
Median Age
26%
College-Educated
97%
High-School Grad
98.9 sq mi
ZIP Area
29
Density / Sq Mi
$72,434
Median Household Income
$45,977
Median Earnings
$877
Median Rent
$214,700
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Fern | — | — |
| Aplington | — | — |
| Stout | — | — |
| Austinville | — | — |
Commercial property in Parkersburg, IA asks $301/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Parkersburg?
Commercial property in Parkersburg, IA asks an average of $301 per square foot. The 3 most recent recorded sales traded at a median of $28/SF, so asking sits 987% above the achieved median.
What zoning applies to commercial property in Parkersburg?
Parkersburg, IA zones 924 acres across 10 districts, of which 34% is commercial and 17.3% industrial. The largest single district is Single Family Residential at 29.7% of zoned land. The “R -1” District is the most restrictive Residential District and is to be considered the most restrictive District in this Ordinance. The principal use of land is exclusively for single -family residential uses as well as related recreational, religious, and educational facilities normally found in an orderly and attractive residential area. Residential… Residential zoning covers 29.7% and open space 0%.
Where does Realmo's Parkersburg market data come from?
Realmo compiles Parkersburg, IA figures from 3 recent recorded sales, 6 active sale listings, 180 tracked off-market properties, the current Parkersburg zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 6 active for-sale and 0 active for-lease listings in Parkersburg, 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: 924 zoned acres across 10 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, 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
