Commercial Real Estate Market in Cromwell, IN
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
4 active listings and 80 off-market properties in Cromwell, IN.
Market Trends
Cromwell, IN spans 23.5 square miles in Noble County, Indiana. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Cromwell, 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 Cromwell, IN runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Cromwell, 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 Cromwell, 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
- Agricultural 96.4%
- Residential 2.1%
- Industrial 0.7%
- Open space 0.6%
- Commercial 0.1%
Largest Zones share of zoned land by district
Agriculture
Residence
Residence
Manufactured Home Parks And Subdivisions
Industrial
Agriculture (A)
AGRICULTURE. The primary use of a tract of land for growing or production of field crops, livestock, and livestock products, including the harvesting, storage and p1imary processing of agricultural products produced. AGRICULTURAL BUILDING. Any building or structure used for agricultural purposes. (See Farm Structure.) Agricultural Pollution. The liquid, gase…
Market overview
Demographics & Economy
Cromwell, IN has 2,949 residents in 1,219 households. Density runs 126 people per square mile. Median household income here is $63,258 and median gross rent $838 a month.
2,949
Population
1,219
Households
2.4
Avg Household Size
37
Median Age
11%
College-Educated
75%
High-School Grad
23.5 sq mi
ZIP Area
126
Density / Sq Mi
$63,258
Median Household Income
$37,358
Median Earnings
$838
Median Rent
$166,100
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Indian Village | — | — |
| Kimmell | — | — |
| Ligonier | — | — |
| Saint Marys | — | — |
Frequently Asked Questions
Where does Realmo's Cromwell market data come from?
Realmo compiles Cromwell, IN figures from 4 active sale listings, 80 tracked off-market properties, the current Cromwell zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 4 active for-sale and 0 active for-lease listings in Cromwell, 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: 7,578 zoned acres across 10 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
