Commercial Real Estate Market in Boonville, IN
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
34 active listings and 572 off-market properties in Boonville, IN.
Market Trends
Boonville, IN spans 127.3 square miles in Warrick County, Indiana. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Boonville, 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 Boonville, IN runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Boonville, 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 Boonville, 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 40.1%
- Agricultural 24.4%
- Civic 22.1%
- Commercial 8.6%
- Industrial 4.9%
Largest Zones share of zoned land by district
Residential
Agriculture
Institutional
General Commercial
Light Industrial
Residential (R1)
R1 - R1 Residential. The R1 Residential District is intended for very low-density residential uses (up to 1 dwelling unit per acre) developed as a transition between rural areas and higher density residential neighborhoods. This district is intended for s ingle-family homes and duplexes that retain single -family home character.
Market overview
Demographics & Economy
Boonville, IN has 14,088 residents in 5,803 households. Density runs 111 people per square mile. Median household income here is $77,411 and median gross rent $843 a month.
14,088
Population
5,803
Households
2.4
Avg Household Size
43
Median Age
24%
College-Educated
94%
High-School Grad
127.3 sq mi
ZIP Area
111
Density / Sq Mi
$77,411
Median Household Income
$46,517
Median Earnings
$843
Median Rent
$184,900
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Pelzer | — | — |
| Greenbrier | — | — |
| Chandler | — | — |
| Bullocktown | — | — |
Commercial property in Boonville, IN asks $83/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Boonville?
Commercial property in Boonville, IN asks an average of $83 per square foot.
Where does Realmo's Boonville market data come from?
Realmo compiles Boonville, IN figures from 33 active sale listings, 1 active lease listings, 572 tracked off-market properties, the current Boonville zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 33 active for-sale and 1 active for-lease listings in Boonville, 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: 3,809 zoned acres across 12 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
