Commercial Real Estate Market in Walnut, IA

Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31

1 active listing and 104 off-market properties in Walnut, IA.

Zoning & Land Use

Land Use Mix share of zoned land by category

  • Agricultural 41.3%
  • Commercial 32.5%
  • Residential 21.5%
  • Industrial 4.7%

Largest Zones share of zoned land by district

Agriculture
Arterial Commercial
Residential
Light Industrial
Business Commercial
Light Industrial (LI)

Property and buildings in an LI - Light Industrial D istrict shall be used only for the following purposes: 9.01.01. Any nonresidential building or use which would not be hazardous, obnoxious, offensive or unsightly by reason of odor, sound, vibrations, radioactivity, electrical interference, glares, liquid or solid waste, smoke, or other air pollutants. 9.0…

Market overview

Demographics & Economy

Walnut, IA has 1,101 residents in 529 households. Density runs 13 people per square mile. Median household income here is $67,928 and median gross rent $831 a month.

1,101
Population
529
Households
2.1
Avg Household Size
45
Median Age
18%
College-Educated
90%
High-School Grad
83.6 sq mi
ZIP Area
13
Density / Sq Mi
$67,928
Median Household Income
$39,242
Median Earnings
$831
Median Rent
$112,700
Median Home Value

Tools

Nearby Markets

Market Average Sale Price, $/SF Average Lease Price, $/SF/Yr
Marne — —
Avoca — —
Hancock — —
Elk Horn — —

Frequently Asked Questions

Where does Realmo's Walnut market data come from?
Realmo compiles Walnut, IA figures from 3 recent recorded sales, 1 active sale listings, 104 tracked off-market properties, the current Walnut zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
Asking prices and averages
Computed from 1 active for-sale and 0 active for-lease listings in Walnut, 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: 1,467 zoned acres across 6 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