Commercial Real Estate Market in Angola, IN
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
70 active listings and 1,140 off-market properties in Angola, IN. Commercial property asks $58/SF to buy and $9.00/SF/Yr to lease.
Market Trends
Angola, IN spans 121.1 square miles in Steuben County, Indiana. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Angola, IN runs 21.3% across the Midwest region in 2025, up from 13.7% in 2019.
Vacancy Rate % in Midwest region
Retail
Retail vacancy in Angola, IN runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Angola, IN 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 Angola, IN 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 60.4%
- Residential 18.8%
- Commercial 7.6%
- Civic 5.2%
- Open space 3.8%
- Industrial 3.4%
- Planned_development 0.1%
Largest Zones share of zoned land by district
Agricultural
Low Density Single Family Residential
Medium Density Single Family Residential
Parks And Recreation
Small To Medium General Commercial
Agricultural (AG)
Provide standards that allow common agricultural practices
Market overview
Demographics & Economy
Angola, IN has 18,837 residents in 9,755 households. Density runs 156 people per square mile. Median household income here is $69,940 and median gross rent $892 a month.
18,837
Population
9,755
Households
1.9
Avg Household Size
39
Median Age
29%
College-Educated
92%
High-School Grad
121.1 sq mi
ZIP Area
156
Density / Sq Mi
$69,940
Median Household Income
$31,554
Median Earnings
$892
Median Rent
$221,800
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Fox Lake | — | — |
| Glen Eden | — | — |
| Berlien | — | — |
| Crooked Lake | — | — |
Commercial property in Angola, IN asks $58/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Angola?
Commercial property in Angola, IN asks an average of $58 per square foot.
How much does it cost to lease commercial space in Angola?
Asking lease rates in Angola, IN average $9.00 per square foot per year.
Where does Realmo's Angola market data come from?
Realmo compiles Angola, IN figures from 57 active sale listings, 13 active lease listings, 1,140 tracked off-market properties, the current Angola zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 57 active for-sale and 13 active for-lease listings in Angola, IN. 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: 16,547 zoned acres across 23 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
