Commercial Real Estate Market in Geneva, IN
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
2 active listings and 162 off-market properties in Geneva, IN.
Market Trends
Geneva, IN spans 62.3 square miles in Adams County, Indiana. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Geneva, 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 Geneva, IN runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Geneva, 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 Geneva, 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 72.1%
- Industrial 16.3%
- Commercial 4.1%
Largest Zones share of zoned land by district
One Family
Light Industrial
No Zoning
Multifamily
General Business
Geneva, IN zones 785 acres across 7 districts. Commercial zoning covers 4.1% of zoned land, residential 72.1% and industrial 16.3%. The largest single district is One Family at 69.1%. For commercial buyers the practical constraint is that only 20.4% of land carries a commercial or industrial designation.
One Family (R-1)
R1 One-Family Zone R2 Multi-Family Zone B1 Neighborhood Business Zone B2 Rural Business Zone B3 General Business Zone B-P1 Planned Neighborhood Business District B-P2 Planning General Business District I-1 Light Industrial Zone I-2 Heavy Industrial Zone I-P Planned Industrial District. PR Park and Recreation Zone and District (B) The above zones and district…
Market overview
Demographics & Economy
Geneva, IN has 4,608 residents in 1,333 households. Density runs 74 people per square mile. Median household income here is $59,230 and median gross rent $643 a month.
4,608
Population
1,333
Households
3.5
Avg Household Size
24
Median Age
6%
College-Educated
63%
High-School Grad
62.3 sq mi
ZIP Area
74
Density / Sq Mi
$59,230
Median Household Income
$32,438
Median Earnings
$643
Median Rent
$178,900
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Ceylon | — | — |
| Bryant | — | — |
| West Liberty | — | — |
| Berne | — | — |
Frequently Asked Questions
What zoning applies to commercial property in Geneva?
Geneva, IN zones 785 acres across 7 districts, of which 4.1% is commercial and 16.3% industrial. The largest single district is One Family at 69.1% of zoned land. R1 One-Family Zone R2 Multi-Family Zone B1 Neighborhood Business Zone B2 Rural Business Zone B3 General Business Zone B-P1 Planned Neighborhood Business District B-P2 Planning General Business District I-1 Light Industrial Zone I-2 Heavy Industrial Zone I-P Planned Industrial District. PR Park and Recreation Zone and District (B) The above zones and district… Residential zoning covers 72.1% and open space 0%.
Where does Realmo's Geneva market data come from?
Realmo compiles Geneva, IN figures from 2 active sale listings, 162 tracked off-market properties, the current Geneva zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 2 active for-sale and 0 active for-lease listings in Geneva, 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: 785 zoned acres across 7 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
