Commercial Real Estate Market in Connersville, IN
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
18 active listings and 850 off-market properties in Connersville, IN.
Market Trends
Connersville, IN spans 191.6 square miles in Fayette County, Indiana. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Connersville, 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 Connersville, IN runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Connersville, 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 Connersville, IN runs 8% across the Midwest region in 2025, up from 6.5% in 2022.
Vacancy Rate % in Midwest region
Market overview
Demographics & Economy
Connersville, IN has 22,782 residents in 10,625 households. Density runs 119 people per square mile. Median household income here is $56,530 and median gross rent $777 a month.
22,782
Population
10,625
Households
2.1
Avg Household Size
44
Median Age
17%
College-Educated
86%
High-School Grad
191.6 sq mi
ZIP Area
119
Density / Sq Mi
$56,530
Median Household Income
$38,494
Median Earnings
$777
Median Rent
$115,300
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Harrisburg | — | — |
| Nulltown | — | — |
| Lyonsville | — | — |
| Springersville | — | — |
Commercial property in Connersville, IN asks $6/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Connersville?
Commercial property in Connersville, IN asks an average of $6 per square foot.
Where does Realmo's Connersville market data come from?
Realmo compiles Connersville, IN figures from 16 active sale listings, 2 active lease listings, 850 tracked off-market properties. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 16 active for-sale and 2 active for-lease listings in Connersville, 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.
- 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
