Commercial Real Estate Market in Newton, IL
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
3 active listings and 422 off-market properties in Newton, IL.
Market Trends
Newton, IL spans 205.0 square miles in Jasper County, Illinois. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Newton, 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 Newton, IL runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Newton, 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 Newton, 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
- Residential 60.6%
- Commercial 25.4%
- Industrial 13%
Largest Zones share of zoned land by district
Single Family Residence
Single Family Residence
Neighborhood Business
Industrial
Central Business
Newton, IL zones 1,276 acres across 10 districts. Commercial zoning covers 25.4% of zoned land, residential 60.6% and industrial 13%. The largest single district is Single Family Residence at 35.7%. For commercial buyers the practical constraint is that only 38.4% of land carries a commercial or industrial designation.
Neighborhood Business (B-1)
DIVISION VII - NEIGHBORHOOD BUSINESS DISTRICT (B-1) 40-4-56 DESCRIPTION. The “B -1”, Neighborhood Business District, as delineated on the zoning map, encompasses small commercial enclaves located within predominantly residential areas. Only selected small-scale sales and service facilities that constitute a convenience to residents of the immediate neighborh…
Market overview
Demographics & Economy
Newton, IL has 5,719 residents in 2,575 households. Density runs 28 people per square mile. Median household income here is $66,432 and median gross rent $765 a month.
5,719
Population
2,575
Households
2.2
Avg Household Size
45
Median Age
20%
College-Educated
92%
High-School Grad
205 sq mi
ZIP Area
28
Density / Sq Mi
$66,432
Median Household Income
$39,688
Median Earnings
$765
Median Rent
$118,200
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Bogota | — | — |
| Willow Hill | — | — |
| Rose Hill | — | — |
| Hunt City | — | — |
Commercial property in Newton, IL asks $954/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Newton?
Commercial property in Newton, IL asks an average of $954 per square foot.
What zoning applies to commercial property in Newton?
Newton, IL zones 1,276 acres across 10 districts, of which 25.4% is commercial and 13% industrial. The largest single district is Single Family Residence at 35.7% of zoned land. Residential zoning covers 60.6% and open space 0%.
Where does Realmo's Newton market data come from?
Realmo compiles Newton, IL figures from 8 recent recorded sales, 3 active sale listings, 422 tracked off-market properties, the current Newton zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 3 active for-sale and 0 active for-lease listings in Newton, 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: 1,276 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 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
