Commercial Real Estate Market in Runnells, IA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
25 active listings and 36 off-market properties in Runnells, IA.
Market Trends
Runnells, IA spans 48.5 square miles in Polk County, Iowa. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Runnells, 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 Runnells, IA runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Runnells, 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 Runnells, IA asks $142/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
Market overview
Demographics & Economy
Runnells, IA has 3,153 residents in 1,369 households. Density runs 65 people per square mile. Median household income here is $92,667 and median gross rent $765 a month.
3,153
Population
1,369
Households
2.3
Avg Household Size
43
Median Age
32%
College-Educated
97%
High-School Grad
48.5 sq mi
ZIP Area
65
Density / Sq Mi
$92,667
Median Household Income
$64,327
Median Earnings
$765
Median Rent
$326,300
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Vandalia | — | — |
| Adelphi | — | — |
| Swan | — | — |
| Hartford | — | — |
Commercial property in Runnells, IA asks $1,612/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Runnells?
Commercial property in Runnells, IA asks an average of $1,612 per square foot. Multifamily carries the highest asking price at $142/SF.
Methodology & data sources
- Asking prices and averages
- Computed from 25 active for-sale and 0 active for-lease listings in Runnells, 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 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
