Commercial Real Estate Market in West Union, IA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
5 active listings and 241 off-market properties in West Union, IA.
Market Trends
West Union, IA spans 85.7 square miles in Fayette County, Iowa. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in West Union, 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 West Union, IA runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in West Union, 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 West Union, IA runs 8% across the Midwest region in 2025, up from 6.5% in 2022.
Vacancy Rate % in Midwest region
Market overview
Demographics & Economy
West Union, IA has 3,412 residents in 1,790 households. Density runs 40 people per square mile. Median household income here is $56,538 and median gross rent $912 a month.
3,412
Population
1,790
Households
1.9
Avg Household Size
43
Median Age
23%
College-Educated
94%
High-School Grad
85.7 sq mi
ZIP Area
40
Density / Sq Mi
$56,538
Median Household Income
$34,142
Median Earnings
$912
Median Rent
$162,100
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Brainard | — | — |
| Donnan | — | — |
| Eldorado | — | — |
| Albany | — | — |
Commercial property in West Union, IA asks $167/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in West Union?
Commercial property in West Union, IA asks an average of $167 per square foot. The 6 most recent recorded sales traded at a median of $19/SF, so asking sits 766% above the achieved median.
Where does Realmo's West Union market data come from?
Realmo compiles West Union, IA figures from 7 recent recorded sales, 5 active sale listings, 241 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 5 active for-sale and 0 active for-lease listings in West Union, 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
