Commercial Real Estate Market in Glasford, IL
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
1 active listing and 66 off-market properties in Glasford, IL.
Market Trends
Glasford, IL spans 40.6 square miles in Peoria County, Illinois. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Glasford, IL runs 21.3% across the Midwest region in 2025, up from 13.7% in 2019.
Vacancy Rate % in Midwest region
Retail
Retail vacancy in Glasford, IL runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Glasford, IL 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 Glasford, IL 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
- Agricultural 52.9%
- Residential 28.8%
- Commercial 5.6%
Largest Zones share of zoned land by district
Agricultural
Residential
Public And Semi Public
Commercial
Multiple Dwelling
Agricultural (A)
The purpose of this to promote Agricultural uses
Market overview
Demographics & Economy
Glasford, IL has 2,198 residents in 985 households. Density runs 54 people per square mile. Median household income here is $72,350 and median gross rent $769 a month.
2,198
Population
985
Households
2.2
Avg Household Size
45
Median Age
18%
College-Educated
95%
High-School Grad
40.6 sq mi
ZIP Area
54
Density / Sq Mi
$72,350
Median Household Income
$42,740
Median Earnings
$769
Median Rent
$151,900
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Kingston Mines | — | — |
| Mapleton | — | — |
| Talbott | — | — |
| Lake Camelot | — | — |
Frequently Asked Questions
Where does Realmo's Glasford market data come from?
Realmo compiles Glasford, IL figures from 3 recent recorded sales, 1 active sale listings, 66 tracked off-market properties, the current Glasford 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 Glasford, IL. 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: 576 zoned acres across 5 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
