Commercial Real Estate Market in Austin, IN
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
4 active listings and 193 off-market properties in Austin, IN.
Market Trends
Austin, IN spans 42.1 square miles in Scott County, Indiana. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Austin, 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 Austin, IN runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Austin, 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 Austin, 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
- Residential 74.5%
- Commercial 17.3%
- Industrial 7.2%
- Civic 0.5%
Largest Zones share of zoned land by district
Low Density Residential
General Business
Limited Industrial
Agriculture
High Density Residential
Austin, IN zones 1,971 acres across 8 districts. Commercial zoning covers 17.3% of zoned land, residential 74.5% and industrial 7.2%. The largest single district is Low Density Residential at 66.9%. For commercial buyers the practical constraint is that only 24.5% of land carries a commercial or industrial designation.
Low Density Residential (R-1)
R-1, R-2 Zoning District within the city. (b) No sexually oriented business shall be established, operated, located, constructed, reconstructed or commenced in any zoning district in the city except or unless the site shall be located in Limited Industrial Zone within the city. (c) Adult cabarets, video viewing booths or arcade booths, as defined herein, are…
Market overview
Demographics & Economy
Austin, IN has 6,884 residents in 3,245 households. Density runs 164 people per square mile. Median household income here is $47,617 and median gross rent $713 a month.
6,884
Population
3,245
Households
2.1
Avg Household Size
40
Median Age
10%
College-Educated
85%
High-School Grad
42.1 sq mi
ZIP Area
164
Density / Sq Mi
$47,617
Median Household Income
$30,728
Median Earnings
$713
Median Rent
$121,100
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Scottsburg | — | — |
| Crothersville | — | — |
| Little York | — | — |
| Retreat | — | — |
Commercial property in Austin, IN asks $3/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Austin?
Commercial property in Austin, IN asks an average of $3 per square foot.
What zoning applies to commercial property in Austin?
Austin, IN zones 1,971 acres across 8 districts, of which 17.3% is commercial and 7.2% industrial. The largest single district is Low Density Residential at 66.9% of zoned land. R-1, R-2 Zoning District within the city. (b) No sexually oriented business shall be established, operated, located, constructed, reconstructed or commenced in any zoning district in the city except or unless the site shall be located in Limited Industrial Zone within the city. (c) Adult cabarets, video viewing booths or arcade booths, as defined herein, are… Residential zoning covers 74.5% and open space 0%.
Where does Realmo's Austin market data come from?
Realmo compiles Austin, IN figures from 4 active sale listings, 193 tracked off-market properties, the current Austin zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 4 active for-sale and 0 active for-lease listings in Austin, 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: 1,971 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
