Commercial Real Estate Market in Chalmers, IN
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
Market Trends
Chalmers, IN spans 43.4 square miles in White County, Indiana. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Chalmers, 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 Chalmers, IN runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Chalmers, 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 Chalmers, 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 66%
- Agricultural 20.1%
- Commercial 10.5%
- Industrial 3.5%
Largest Zones share of zoned land by district
Single And Two Family Residential
General Agriculture
General Business
Light Industrial
Single Family Residential
Chalmers, IN zones 161 acres across 8 districts. Commercial zoning covers 10.5% of zoned land, residential 66% and industrial 3.5%. The largest single district is Single And Two Family Residential at 64.1%. For commercial buyers the practical constraint is that only 13.9% of land carries a commercial or industrial designation.
Single And Two Family Residential (R-2)
The purpose of the R-2 Single and Two-Family Residential District is to provide adequate land for single-family and two-family residential uses
Market overview
Demographics & Economy
Chalmers, IN has 805 residents in 322 households. Density runs 19 people per square mile. Median household income here is $71,838 and median gross rent $825 a month.
805
Population
322
Households
2.5
Avg Household Size
38
Median Age
21%
College-Educated
94%
High-School Grad
43.4 sq mi
ZIP Area
19
Density / Sq Mi
$71,838
Median Household Income
$41,193
Median Earnings
$825
Median Rent
$175,700
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Brookston | — | — |
| Reynolds | — | — |
| Yeoman | — | — |
| Monticello | — | — |
Frequently Asked Questions
What zoning applies to commercial property in Chalmers?
Chalmers, IN zones 161 acres across 8 districts, of which 10.5% is commercial and 3.5% industrial. The largest single district is Single And Two Family Residential at 64.1% of zoned land. The purpose of the R-2 Single and Two-Family Residential District is to provide adequate land for single-family and two-family residential uses Residential zoning covers 66% and open space 0%.
Methodology & data sources
- 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: 161 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
