Commercial Real Estate Market in Okawville, IL
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
13 active listings and 116 off-market properties in Okawville, IL.
Market Trends
Okawville, IL spans 63.2 square miles in Washington County, Illinois. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Okawville, 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 Okawville, IL runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Okawville, 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 Okawville, 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 44.9%
- Residential 41.7%
- Commercial 11.4%
- Industrial 2.1%
Largest Zones share of zoned land by district
Agricultural District
Single Family Residence District
Single Family Residence District
Flood Plain District
Highway Business District
Agricultural District (A-1)
A-1 Agricultural District SR-1 One-Family Residence District SR-2 One-Family Residence District MR-1 Multi-Family Residence District CB-1 Community Business District HB-1 Highway Business District I-1 Industrial District F-1 Flood Plain District (B) Whenever reference by letter designation is hereinafter made to any of the foregoing districts, such reference…
Market overview
Demographics & Economy
Okawville, IL has 2,101 residents in 851 households. Density runs 33 people per square mile. Median household income here is $82,500 and median gross rent $713 a month.
2,101
Population
851
Households
2.5
Avg Household Size
43
Median Age
29%
College-Educated
88%
High-School Grad
63.2 sq mi
ZIP Area
33
Density / Sq Mi
$82,500
Median Household Income
$46,563
Median Earnings
$713
Median Rent
$167,200
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Addieville | — | — |
| Venedy | — | — |
| Covington | — | — |
| Damiansville | — | — |
Frequently Asked Questions
Where does Realmo's Okawville market data come from?
Realmo compiles Okawville, IL figures from 8 recent recorded sales, 13 active sale listings, 116 tracked off-market properties, the current Okawville zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 13 active for-sale and 0 active for-lease listings in Okawville, 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: 1,326 zoned acres across 8 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
