Commercial Real Estate Market in Fortville, IN
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
31 active listings and 189 off-market properties in Fortville, IN. Commercial property asks $9/SF to buy and $31.00/SF/Yr to lease.
Market Trends
Fortville, IN spans 31.5 square miles in Hancock County, Indiana. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Fortville, 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 Fortville, IN runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Fortville, 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 Fortville, 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 33.2%
- Planned_development 31.1%
- Civic 18.6%
- Industrial 5%
- Agricultural 4.8%
- Commercial 2.8%
Largest Zones share of zoned land by district
Planned Unit Development
Residential 3.5
Institutional
Commercial Community
Residential 2.5
Planned Unit Development (PUD)
The intent of this zone is to provide the planned unit development for the future land use
Market overview
Demographics & Economy
Fortville, IN has 16,669 residents in 5,923 households. Density runs 530 people per square mile. Median household income here is $144,834 and median gross rent $1,344 a month.
16,669
Population
5,923
Households
2.8
Avg Household Size
36
Median Age
53%
College-Educated
94%
High-School Grad
31.5 sq mi
ZIP Area
530
Density / Sq Mi
$144,834
Median Household Income
$64,676
Median Earnings
$1,344
Median Rent
$433,800
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Ingalls | — | — |
| Woodbury | — | — |
| Eden | — | — |
| McCordsville | — | — |
Commercial property in Fortville, IN asks $9/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Fortville?
Commercial property in Fortville, IN asks an average of $9 per square foot.
How much does it cost to lease commercial space in Fortville?
Asking lease rates in Fortville, IN average $31.00 per square foot per year.
Where does Realmo's Fortville market data come from?
Realmo compiles Fortville, IN figures from 25 active sale listings, 6 active lease listings, 189 tracked off-market properties, the current Fortville zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 25 active for-sale and 6 active for-lease listings in Fortville, 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: 2,300 zoned acres across 14 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
