Commercial Real Estate Market in Middletown, IN
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
3 active listings and 148 off-market properties in Middletown, IN.
Market Trends
Middletown, IN spans 54.6 square miles in Henry County, Indiana. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Middletown, 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 Middletown, IN runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Middletown, 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 Middletown, 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 75.9%
- Commercial 19.5%
- Industrial 4.6%
Largest Zones share of zoned land by district
Single Family Residential
General Business
Agricultural Districts
Rural Residential Districts
Two Family Residential
Middletown, IN zones 743 acres across 10 districts. Commercial zoning covers 19.5% of zoned land, residential 75.9% and industrial 4.6%. The largest single district is Single Family Residential at 45.5%. For commercial buyers the practical constraint is that only 24.1% of land carries a commercial or industrial designation.
Single Family Residential (R1)
The purpose of R1 zone is to provide are established to permit one family dwellings in urbanizing areas of the County that may expect to be served by centralized sewer and water facilities in the immediate future, density shall not exceed two and one half dwelling units per gross acre with sewer services and one dwelling unit per gross acre without sewer ser…
Market overview
Demographics & Economy
Middletown, IN has 5,831 residents in 2,369 households. Density runs 107 people per square mile. Median household income here is $68,654 and median gross rent $823 a month.
5,831
Population
2,369
Households
2.5
Avg Household Size
43
Median Age
17%
College-Educated
94%
High-School Grad
54.6 sq mi
ZIP Area
107
Density / Sq Mi
$68,654
Median Household Income
$46,308
Median Earnings
$823
Median Rent
$172,200
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Daleville | — | — |
| Chesterfield | — | $11.23 |
| Sulphur Springs | — | — |
| Emporia | — | — |
Frequently Asked Questions
What zoning applies to commercial property in Middletown?
Middletown, IN zones 743 acres across 10 districts, of which 19.5% is commercial and 4.6% industrial. The largest single district is Single Family Residential at 45.5% of zoned land. The purpose of R1 zone is to provide are established to permit one family dwellings in urbanizing areas of the County that may expect to be served by centralized sewer and water facilities in the immediate future, density shall not exceed two and one half dwelling units per gross acre with sewer services and one dwelling unit per gross acre without sewer ser… Residential zoning covers 75.9% and open space 0%.
Where does Realmo's Middletown market data come from?
Realmo compiles Middletown, IN figures from 2 recent recorded sales, 3 active sale listings, 148 tracked off-market properties, the current Middletown zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 3 active for-sale and 0 active for-lease listings in Middletown, 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: 743 zoned acres across 10 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
