Commercial Real Estate Market in Elberfeld, IN
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
3 active listings and 109 off-market properties in Elberfeld, IN.
Market Trends
Elberfeld, IN spans 52.5 square miles in Warrick County, Indiana. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Elberfeld, 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 Elberfeld, IN runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Elberfeld, 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 Elberfeld, 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 78.3%
- Commercial 16.9%
- Agricultural 3.4%
- Industrial 1.3%
- Mixed use 0.2%
Largest Zones share of zoned land by district
One Family Dwelling
Highway Commercial
General Commercial
Agriculture
Multiple Family Dwelling
Elberfeld, IN zones 162 acres across 11 districts. Commercial zoning covers 16.9% of zoned land, residential 78.3% and industrial 1.3%. The largest single district is One Family Dwelling at 76.1%. For commercial buyers the practical constraint is that only 18.1% of land carries a commercial or industrial designation.
Market overview
Demographics & Economy
Elberfeld, IN has 2,694 residents in 1,025 households. Density runs 51 people per square mile. Median household income here is $108,871 and median gross rent $757 a month.
2,694
Population
1,025
Households
2.6
Avg Household Size
42
Median Age
19%
College-Educated
94%
High-School Grad
52.5 sq mi
ZIP Area
51
Density / Sq Mi
$108,871
Median Household Income
$57,120
Median Earnings
$757
Median Rent
$218,300
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Buckskin | — | — |
| Mackey | — | — |
| Somerville | — | — |
| Wheatonville | — | — |
Commercial property in Elberfeld, IN asks $38/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Elberfeld?
Commercial property in Elberfeld, IN asks an average of $38 per square foot.
What zoning applies to commercial property in Elberfeld?
Elberfeld, IN zones 162 acres across 11 districts, of which 16.9% is commercial and 1.3% industrial. The largest single district is One Family Dwelling at 76.1% of zoned land. Residential zoning covers 78.3% and open space 0%.
Where does Realmo's Elberfeld market data come from?
Realmo compiles Elberfeld, IN figures from 3 active sale listings, 109 tracked off-market properties, the current Elberfeld zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 3 active for-sale and 0 active for-lease listings in Elberfeld, 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: 162 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
