Commercial Real Estate Market in Lynnville, IN
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
10 active listings and 89 off-market properties in Lynnville, IN.
Market Trends
Lynnville, IN spans 38.4 square miles in Warrick County, Indiana. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Lynnville, 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 Lynnville, IN runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Lynnville, 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 Lynnville, 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 97.8%
- Commercial 1.8%
- Mixed use 0.2%
- Industrial 0.1%
- Agricultural 0%
Largest Zones share of zoned land by district
One Family Dwelling
General Commercial
Residential Office
Apartments District
Neighborhood Commercial
Lynnville, IN zones 1,181 acres across 8 districts. Commercial zoning covers 1.8% of zoned land, residential 97.8% and industrial 0.1%. The largest single district is One Family Dwelling at 97.7%. For commercial buyers the practical constraint is that only 1.9% of land carries a commercial or industrial designation.
Market overview
Demographics & Economy
Lynnville, IN has 1,535 residents in 764 households. Density runs 40 people per square mile. Median household income here is $68,600 and median gross rent $811 a month.
1,535
Population
764
Households
2
Avg Household Size
43
Median Age
13%
College-Educated
92%
High-School Grad
38.4 sq mi
ZIP Area
40
Density / Sq Mi
$68,600
Median Household Income
$44,046
Median Earnings
$811
Median Rent
$157,000
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Spurgeon | — | — |
| Greenbrier | — | — |
| Elberfeld | — | — |
| Mackey | — | — |
Frequently Asked Questions
What zoning applies to commercial property in Lynnville?
Lynnville, IN zones 1,181 acres across 8 districts, of which 1.8% is commercial and 0.1% industrial. The largest single district is One Family Dwelling at 97.7% of zoned land. Residential zoning covers 97.8% and open space 0%.
Where does Realmo's Lynnville market data come from?
Realmo compiles Lynnville, IN figures from 10 active sale listings, 89 tracked off-market properties, the current Lynnville zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 10 active for-sale and 0 active for-lease listings in Lynnville, 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: 1,181 zoned acres across 8 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
