Commercial Real Estate Market in Granger, IN
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
25 active listings and 441 off-market properties in Granger, IN.
Market Trends
Granger, IN spans 24.3 square miles in St. Joseph County, Indiana. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Granger, 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 Granger, IN runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Granger, 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 space in Granger, IN asks $177/SF to buy. Vacancy runs 8% across the Midwest region in 2025, up from 6.5% in 2022.
Average Sale Price $/SF
Listings
Vacancy Rate % in Midwest region
Market overview
Demographics & Economy
Granger, IN has 31,805 residents in 11,939 households. Density runs 1,308 people per square mile. Median household income here is $114,684 and median gross rent $1,594 a month.
31,805
Population
11,939
Households
2.7
Avg Household Size
41
Median Age
54%
College-Educated
97%
High-School Grad
24.3 sq mi
ZIP Area
1,308
Density / Sq Mi
$114,684
Median Household Income
$58,102
Median Earnings
$1,594
Median Rent
$316,800
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Edwardsburg | — | — |
| Osceola | — | — |
| Mishawaka | — | $41.63 |
| Notre Dame | — | — |
Commercial property in Granger, IN asks $260/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Granger?
Commercial property in Granger, IN asks an average of $260 per square foot. Multifamily carries the highest asking price at $177/SF.
Where does Realmo's Granger market data come from?
Realmo compiles Granger, IN figures from 19 active sale listings, 6 active lease listings, 441 tracked off-market properties. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 19 active for-sale and 6 active for-lease listings in Granger, 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.
- 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
