Commercial Real Estate Market in Avilla, IN
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
12 active listings and 146 off-market properties in Avilla, IN.
Market Trends
Avilla, IN spans 44.5 square miles in Noble County, Indiana. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Avilla, 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 Avilla, IN runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Avilla, 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 Avilla, 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 92.4%
- Industrial 4.4%
- Civic 1.4%
- Commercial 0.2%
- Agricultural 0.1%
- Planned_development 0.1%
Largest Zones share of zoned land by district
Agriculture
Residence
Industrial
General Business
Light Industry
Avilla, IN zones 7,993 acres across 14 districts. Commercial zoning covers 0.2% of zoned land, residential 92.4% and industrial 4.4%. The largest single district is Agriculture at 86.4%. For commercial buyers the practical constraint is that only 4.6% of land carries a commercial or industrial designation.
Industrial (I)
K. Industrial Districts , desi gnated "I," are established to include most of the existing 22 industrial facilities and areas best suited for future industrial use because of location, accessibility and other conditions. L. Planned Development Districts , designated "PD -R," "PD-C," "PD-I," and "PD -REC," are established for the purposes and under the c…
Market overview
Demographics & Economy
Avilla, IN has 4,649 residents in 1,895 households. Density runs 104 people per square mile. Median household income here is $81,927 and median gross rent $633 a month.
4,649
Population
1,895
Households
2.5
Avg Household Size
41
Median Age
22%
College-Educated
89%
High-School Grad
44.5 sq mi
ZIP Area
104
Density / Sq Mi
$81,927
Median Household Income
$50,537
Median Earnings
$633
Median Rent
$193,100
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Lisbon | — | — |
| Altona | — | — |
| Kendallville | — | — |
| Garrett | — | — |
Commercial property in Avilla, IN asks $113/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Avilla?
Commercial property in Avilla, IN asks an average of $113 per square foot.
What zoning applies to commercial property in Avilla?
Avilla, IN zones 7,993 acres across 14 districts, of which 0.2% is commercial and 4.4% industrial. The largest single district is Agriculture at 86.4% of zoned land. Residential zoning covers 92.4% and open space 0%.
Where does Realmo's Avilla market data come from?
Realmo compiles Avilla, IN figures from 12 active sale listings, 146 tracked off-market properties, the current Avilla zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 12 active for-sale and 0 active for-lease listings in Avilla, 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: 7,993 zoned acres across 14 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
