Commercial Real Estate Market in Jasper, IN
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
37 active listings and 1,642 off-market properties in Jasper, IN. Commercial property asks $89/SF to buy and $15.31/SF/Yr to lease.
Market Trends
Jasper, IN spans 121.6 square miles in Dubois County, Indiana. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Jasper, 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 Jasper, IN runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Jasper, 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 Jasper, 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 88.7%
- Industrial 6.1%
- Commercial 2%
- Open space 1.6%
- Planned_development 1.1%
- Mixed use 0.6%
Largest Zones share of zoned land by district
Agriculture
Rural Residential
Residential Low Density
Residential Low Density
Industrial Light
Jasper, IN zones 37,139 acres across 13 districts. Commercial zoning covers 2% of zoned land, residential 88.7%, open space 1.6% and industrial 6.1%. The largest single district is Agriculture at 62.8%. For commercial buyers the practical constraint is that only 8% of land carries a commercial or industrial designation.
Residential Low Density (R1)
The R1 (Low Density Residential) district is intended to provide areas for low density, single-family residential land uses developed in suburban-style subdivisions and as a transition between rural areas and higher density residential development. Development in this district should be located adjacent to existing developed areas, and be connected to munici…
Market overview
Demographics & Economy
Jasper, IN has 22,445 residents in 10,080 households. Density runs 185 people per square mile. Median household income here is $67,806 and median gross rent $767 a month.
22,445
Population
10,080
Households
2.2
Avg Household Size
41
Median Age
26%
College-Educated
92%
High-School Grad
121.6 sq mi
ZIP Area
185
Density / Sq Mi
$67,806
Median Household Income
$41,824
Median Earnings
$767
Median Rent
$232,300
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Scenic Hts | — | — |
| Maltersville | — | — |
| Ireland | — | — |
| Johnsburg | — | — |
Commercial property in Jasper, IN asks $89/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Jasper?
Commercial property in Jasper, IN asks an average of $89 per square foot. The 5 most recent recorded sales traded at a median of $50/SF, so asking sits 78% above the achieved median.
How much does it cost to lease commercial space in Jasper?
Asking lease rates in Jasper, IN average $15.31 per square foot per year.
What zoning applies to commercial property in Jasper?
Jasper, IN zones 37,139 acres across 13 districts, of which 2% is commercial and 6.1% industrial. The largest single district is Agriculture at 62.8% of zoned land. Residential zoning covers 88.7% and open space 1.6%.
Where does Realmo's Jasper market data come from?
Realmo compiles Jasper, IN figures from 5 recent recorded sales, 20 active sale listings, 17 active lease listings, 1,642 tracked off-market properties, the current Jasper zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 20 active for-sale and 17 active for-lease listings in Jasper, 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: 37,139 zoned acres across 13 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
