Commercial Real Estate Market in Pierron, IL
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
Market Trends
Pierron, IL spans 1.3 square miles in Bond County, Illinois. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Pierron, 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 Pierron, IL runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Pierron, 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 Pierron, 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 6.1%
- Industrial 1.8%
- Commercial 0.6%
Largest Zones share of zoned land by district
No Zoning
Residential
Industrial
Commercial
Residential (R)
SECTION 4-2 “R-1" SINGLE-FAMILY RESIDENTIAL DISTRICT The “R-1" Single-Family Residential District encompasses land within or near municipalities or other built-up areas that are suited for the development of various housing types and compatible uses. The regulations for this district are intended to stabilize and preserve sound existing neighborhoods develop…
Market overview
Demographics & Economy
Pierron, IL has 268 residents in 171 households. Density runs 199 people per square mile. Median household income here is $47,986 and median gross rent $994 a month.
268
Population
171
Households
1.6
Avg Household Size
44
Median Age
10%
College-Educated
94%
High-School Grad
1.3 sq mi
ZIP Area
199
Density / Sq Mi
$47,986
Median Household Income
$21,438
Median Earnings
$994
Median Rent
$105,000
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Pocahontas | — | — |
| Highland | — | — |
| Jamestown | — | — |
| Grantfork | — | — |
Methodology & data sources
- 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: 472 zoned acres across 4 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
