Commercial Real Estate Market in Brookville, IN
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
49 active listings and 319 off-market properties in Brookville, IN.
Market Trends
Brookville, IN spans 165.7 square miles in Franklin County, Indiana. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Brookville, 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 Brookville, IN runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Brookville, 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 Brookville, 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 57.9%
- Industrial 28.8%
- Special 7.6%
- Commercial 5.7%
Largest Zones share of zoned land by district
Multi Family Residence
General Business
Single And Two Family Residence
Flood Plain
Agriculture
Brookville, IN zones 872 acres across 11 districts. Commercial zoning covers 5.7% of zoned land, residential 57.9% and industrial 28.8%. The largest single district is Multi Family Residence at 27.1%. For commercial buyers the practical constraint is that only 34.5% of land carries a commercial or industrial designation.
General Business (GB)
Farm seasonal worker housing, tenant”, under subsection (A). 4-1989 - -1989 150.25(E) Adding two Special Exceptions: “(20 1/2) Hazardous Waste or Contaminant Facility.....I-2", “(31 1/2) Outdoor Commercial Enterprise...,GB, I-1, & I-2"; Changing the “Districts in which the Use May be Permitted” from “A-1, A-2, RE, I-1, I-2 & FP” to “GB, I-1 & I-2" opposit “(…
Market overview
Demographics & Economy
Brookville, IN has 9,994 residents in 4,978 households. Density runs 60 people per square mile. Median household income here is $86,369 and median gross rent $742 a month.
9,994
Population
4,978
Households
2
Avg Household Size
42
Median Age
21%
College-Educated
90%
High-School Grad
165.7 sq mi
ZIP Area
60
Density / Sq Mi
$86,369
Median Household Income
$43,232
Median Earnings
$742
Median Rent
$242,100
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Whitcomb | — | — |
| Palestine | — | — |
| Oak Forest | — | — |
| Cedar Grove | — | — |
Commercial property in Brookville, IN asks $5/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Brookville?
Commercial property in Brookville, IN asks an average of $5 per square foot.
What zoning applies to commercial property in Brookville?
Brookville, IN zones 872 acres across 11 districts, of which 5.7% is commercial and 28.8% industrial. The largest single district is Multi Family Residence at 27.1% of zoned land. Residential zoning covers 57.9% and open space 0%.
Where does Realmo's Brookville market data come from?
Realmo compiles Brookville, IN figures from 48 active sale listings, 1 active lease listings, 319 tracked off-market properties, the current Brookville zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 48 active for-sale and 1 active for-lease listings in Brookville, 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: 872 zoned acres across 11 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
