Commercial Real Estate Market in Medaryville, IN
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
5 active listings and 154 off-market properties in Medaryville, IN.
Market Trends
Medaryville, IN spans 60.2 square miles in Pulaski County, Indiana. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Medaryville, 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 Medaryville, IN runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Medaryville, 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 Medaryville, 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 82.7%
- Industrial 6.5%
- Commercial 5.8%
- Civic 2.6%
- Open space 2.5%
Largest Zones share of zoned land by district
Urban Residential District
General Agriculture District
Suburban Residential District
Light Industrial District
Suburban Commercial District
Medaryville, IN zones 254 acres across 8 districts. Commercial zoning covers 5.8% of zoned land, residential 82.7%, open space 2.5% and industrial 6.5%. The largest single district is Urban Residential District at 35.2%. For commercial buyers the practical constraint is that only 12.3% of land carries a commercial or industrial designation.
Urban Residential District (R-3)
The purpose of the R-3 Single or Multi-Family Residential District is to provide adequate land for high-density residential uses. It is anticipated that because of the relatively higher residential density and the requirement that all multi-family development be connected to public sewer and water utilities, all R-3 Districts will be located within an incorp…
Market overview
Demographics & Economy
Medaryville, IN has 1,759 residents in 925 households. Density runs 29 people per square mile. Median household income here is $58,412 and median gross rent $753 a month.
1,759
Population
925
Households
1.9
Avg Household Size
42
Median Age
6%
College-Educated
79%
High-School Grad
60.2 sq mi
ZIP Area
29
Density / Sq Mi
$58,412
Median Household Income
$35,602
Median Earnings
$753
Median Rent
$131,700
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Francesville | — | — |
| San Pierre | — | — |
| Tefft | — | — |
| Wheatfield | — | — |
Commercial property in Medaryville, IN asks $289/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Medaryville?
Commercial property in Medaryville, IN asks an average of $289 per square foot.
What zoning applies to commercial property in Medaryville?
Medaryville, IN zones 254 acres across 8 districts, of which 5.8% is commercial and 6.5% industrial. The largest single district is Urban Residential District at 35.2% of zoned land. The purpose of the R-3 Single or Multi-Family Residential District is to provide adequate land for high-density residential uses. It is anticipated that because of the relatively higher residential density and the requirement that all multi-family development be connected to public sewer and water utilities, all R-3 Districts will be located within an incorp… Residential zoning covers 82.7% and open space 2.5%.
Where does Realmo's Medaryville market data come from?
Realmo compiles Medaryville, IN figures from 5 active sale listings, 154 tracked off-market properties, the current Medaryville zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 5 active for-sale and 0 active for-lease listings in Medaryville, 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: 254 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
