Commercial Real Estate Market in Kewanna, IN
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
6 active listings and 95 off-market properties in Kewanna, IN.
Market Trends
Kewanna, IN spans 96.0 square miles in Fulton County, Indiana. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Kewanna, 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 Kewanna, IN runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Kewanna, 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 Kewanna, 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
- Commercial 83.7%
- Civic 9.8%
- Industrial 5.9%
- Residential 0.5%
- Agricultural 0.1%
Largest Zones share of zoned land by district
Kewanna Town
Institutional And Recreation
Industrial Park Manufacturing
Manufacture Home Park
Agricultural
Kewanna, IN zones 356 acres across 5 districts. Commercial zoning covers 83.7% of zoned land, residential 0.5% and industrial 5.9%. The largest single district is Kewanna Town at 83.7%. For commercial buyers the practical constraint is that only 89.6% of land carries a commercial or industrial designation.
Kewanna Town (KW)
KW . Kewanna Town: This district is intended to provide a land use category for the integration of normal commercial uses and standard residential uses in the Town of Kewanna . MP. Manufactured Home Park: This district is established for manufactured home parks which lease dwelling sites for single-wide and double-wide manufactured homes. IR. Institutional a…
Market overview
Demographics & Economy
Kewanna, IN has 1,917 residents in 1,035 households. Density runs 20 people per square mile. Median household income here is $63,750 and median gross rent $634 a month.
1,917
Population
1,035
Households
1.9
Avg Household Size
46
Median Age
16%
College-Educated
88%
High-School Grad
96 sq mi
ZIP Area
20
Density / Sq Mi
$63,750
Median Household Income
$40,833
Median Earnings
$634
Median Rent
$106,100
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Grass Creek | — | — |
| Leiters Ford | — | — |
| Fulton | — | — |
| Lucerne | — | — |
Commercial property in Kewanna, IN asks $553/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Kewanna?
Commercial property in Kewanna, IN asks an average of $553 per square foot.
What zoning applies to commercial property in Kewanna?
Kewanna, IN zones 356 acres across 5 districts, of which 83.7% is commercial and 5.9% industrial. The largest single district is Kewanna Town at 83.7% of zoned land. KW . Kewanna Town: This district is intended to provide a land use category for the integration of normal commercial uses and standard residential uses in the Town of Kewanna . MP. Manufactured Home Park: This district is established for manufactured home parks which lease dwelling sites for single-wide and double-wide manufactured homes. IR. Institutional a… Residential zoning covers 0.5% and open space 0%.
Where does Realmo's Kewanna market data come from?
Realmo compiles Kewanna, IN figures from 6 active sale listings, 95 tracked off-market properties, the current Kewanna zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 6 active for-sale and 0 active for-lease listings in Kewanna, 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: 356 zoned acres across 5 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
