Commercial Real Estate Market in Crawfordsville, IN
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
42 active listings and 1,039 off-market properties in Crawfordsville, IN. Commercial property asks $233/SF to buy and $8.24/SF/Yr to lease.
Market Trends
Crawfordsville, IN spans 235.7 square miles in Montgomery County, Indiana. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Crawfordsville, 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 Crawfordsville, IN runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Crawfordsville, 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 Crawfordsville, 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 63.1%
- Industrial 19.5%
- Commercial 15.8%
- Planned_development 1.5%
- Open space 0.1%
Largest Zones share of zoned land by district
Residential
Industrial
Business
Conservation
Residential
Crawfordsville, IN zones 6,755 acres across 13 districts. Commercial zoning covers 15.8% of zoned land, residential 63.1%, open space 0.1% and industrial 19.5%. The largest single district is Residential at 31.1%. For commercial buyers the practical constraint is that only 35.2% of land carries a commercial or industrial designation.
Industrial (I-1)
The industrial districts (“I-1" and “I-2") are intended to provide suitable space for the expansion of existing industrial uses as well as for future industrial development. The desirable location for these districts are parcels near railroads or highways. These parcels are typically well suited to the transportation needs of industrial uses. Performance and…
Market overview
Demographics & Economy
Crawfordsville, IN has 28,092 residents in 12,254 households. Density runs 119 people per square mile. Median household income here is $61,968 and median gross rent $822 a month.
28,092
Population
12,254
Households
2.3
Avg Household Size
41
Median Age
20%
College-Educated
88%
High-School Grad
235.7 sq mi
ZIP Area
119
Density / Sq Mi
$61,968
Median Household Income
$39,343
Median Earnings
$822
Median Rent
$176,400
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| New Market | — | — |
| Darlington | — | — |
| Ladoga | — | — |
| New Ross | — | — |
Commercial property in Crawfordsville, IN asks $233/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Crawfordsville?
Commercial property in Crawfordsville, IN asks an average of $233 per square foot.
How much does it cost to lease commercial space in Crawfordsville?
Asking lease rates in Crawfordsville, IN average $8.24 per square foot per year.
What zoning applies to commercial property in Crawfordsville?
Crawfordsville, IN zones 6,755 acres across 13 districts, of which 15.8% is commercial and 19.5% industrial. The largest single district is Residential at 31.1% of zoned land. Residential zoning covers 63.1% and open space 0.1%.
Where does Realmo's Crawfordsville market data come from?
Realmo compiles Crawfordsville, IN figures from 32 active sale listings, 10 active lease listings, 1,039 tracked off-market properties, the current Crawfordsville zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 32 active for-sale and 10 active for-lease listings in Crawfordsville, 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: 6,755 zoned acres across 13 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
