Commercial Real Estate Market in Highland, IN
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
50 active listings and 706 off-market properties in Highland, IN.
Market Trends
Highland, IN spans 6.9 square miles in Lake County, Indiana. Figures below refresh monthly; last updated 31 August 2026.
Office
Office space in Highland, IN asks $154/SF to buy. Vacancy runs 21.3% across the Midwest region in 2025, up from 13.7% in 2019.
Average Sale Price $/SF
Listings
Vacancy Rate % in Midwest region
Retail
Retail space in Highland, IN asks $126/SF to buy. Vacancy runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Average Sale Price $/SF
Listings
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Highland, 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 Highland, IN asks $173/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
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 64%
- Planned_development 21.7%
- Commercial 11.7%
- Industrial 2.7%
Largest Zones share of zoned land by district
Single Family Small Lot Residence
Open Space
Single And Two Family Residence
General Business
Single Family Large Lot Residence
Highland, IN zones 4,192 acres across 12 districts. Commercial zoning covers 11.7% of zoned land, residential 64% and industrial 2.7%. The largest single district is Single Family Small Lot Residence at 48.2%. For commercial buyers the practical constraint is that only 14.4% of land carries a commercial or industrial designation.
Single Family Small Lot Residence (R1)
The purpose of this district is to establish two districts in which single family residential use may take place, and to identify other compatible allowable uses, as well as transitional uses and use variances which may be allowed under certain circumstances and with limitations as identified hereinafter.
Market overview
Demographics & Economy
Highland, IN has 23,984 residents in 10,791 households. Density runs 3,477 people per square mile. Median household income here is $76,219 and median gross rent $1,202 a month.
23,984
Population
10,791
Households
2.2
Avg Household Size
43
Median Age
30%
College-Educated
93%
High-School Grad
6.9 sq mi
ZIP Area
3,477
Density / Sq Mi
$76,219
Median Household Income
$47,458
Median Earnings
$1,202
Median Rent
$219,500
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Griffith | — | $11.84 |
| Lansing | — | — |
| Schererville | — | $19.77 |
| Dyer | — | $23.22 |
Frequently Asked Questions
What zoning applies to commercial property in Highland?
Highland, IN zones 4,192 acres across 12 districts, of which 11.7% is commercial and 2.7% industrial. The largest single district is Single Family Small Lot Residence at 48.2% of zoned land. The purpose of this district is to establish two districts in which single family residential use may take place, and to identify other compatible allowable uses, as well as transitional uses and use variances which may be allowed under certain circumstances and with limitations as identified hereinafter. Residential zoning covers 64% and open space 0%.
Where does Realmo's Highland market data come from?
Realmo compiles Highland, IN figures from 21 active sale listings, 29 active lease listings, 706 tracked off-market properties, the current Highland zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 21 active for-sale and 29 active for-lease listings in Highland, 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: 4,192 zoned acres across 12 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
