Commercial Real Estate Market in Hartsville, IN
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
Market Trends
Hartsville, IN spans 17.1 square miles in Bartholomew County, Indiana. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Hartsville, 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 Hartsville, IN runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Hartsville, 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 Hartsville, 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 96.9%
- Commercial 3.1%
Largest Zones share of zoned land by district
Residential
Residential
Commercial
Hartsville, IN zones 166 acres across 3 districts. Commercial zoning covers 3.1% of zoned land, residential 96.9%. The largest single district is Residential at 76%. For commercial buyers the practical constraint is that only 3.1% of land carries a commercial or industrial designation.
Residential (R2)
The purpose of this zoning district is to provide single family dwellings, two family dwelling, public parks and playgrounds, essential services.
Market overview
Demographics & Economy
Hartsville, IN has 688 residents in 233 households. Density runs 40 people per square mile. Median household income here is $68,750 and median gross rent $1,031 a month.
688
Population
233
Households
3
Avg Household Size
42
Median Age
19%
College-Educated
94%
High-School Grad
17.1 sq mi
ZIP Area
40
Density / Sq Mi
$68,750
Median Household Income
$49,659
Median Earnings
$1,031
Median Rent
$333,800
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Waynesburg | — | — |
| Hope | — | — |
| Burney | — | — |
| Alert | — | — |
Frequently Asked Questions
What zoning applies to commercial property in Hartsville?
Hartsville, IN zones 166 acres across 3 districts, of which 3.1% is commercial and 0% industrial. The largest single district is Residential at 76% of zoned land. The purpose of this zoning district is to provide single family dwellings, two family dwelling, public parks and playgrounds, essential services. Residential zoning covers 96.9% and open space 0%.
Methodology & data sources
- 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: 166 zoned acres across 3 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
