Commercial Real Estate Market in Ingalls, IN
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
1 active listing and 77 off-market properties in Ingalls, IN.
Market Trends
Ingalls, IN spans 0.8 square miles in Madison County, Indiana. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Ingalls, 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 Ingalls, IN runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Ingalls, 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 Ingalls, 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
- Agricultural 31.9%
- Residential 21.6%
- Planned_development 18.3%
- Commercial 10%
- Civic 8.2%
- Industrial 1.3%
- Open space 0.4%
- Mixed use 0.1%
Largest Zones share of zoned land by district
Agriculture
Single Family Residential
Planned Unit Development Commercial
Highway Commercial
Institutional
Agriculture (A)
The purpose of the Agricultural zoning district is to designate certain areas within the towns borders for agricultural uses, to protect the integrity of agricultural operations, and to limit conflicts with adjacent land uses. T
Market overview
Demographics & Economy
Ingalls, IN has 2,035 residents in 809 households. Density runs 2,588 people per square mile. Median household income here is $69,423 and median gross rent $1,392 a month.
2,035
Population
809
Households
2.5
Avg Household Size
34
Median Age
13%
College-Educated
91%
High-School Grad
0.8 sq mi
ZIP Area
2,588
Density / Sq Mi
$69,423
Median Household Income
$41,172
Median Earnings
$1,392
Median Rent
$142,200
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Fortville | — | — |
| Pendleton | — | — |
| Eden | — | — |
| Huntsville | — | — |
Frequently Asked Questions
Where does Realmo's Ingalls market data come from?
Realmo compiles Ingalls, IN figures from 1 active sale listings, 77 tracked off-market properties, the current Ingalls zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 1 active for-sale and 0 active for-lease listings in Ingalls, 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: 1,987 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
