Commercial Real Estate Market in Monroe, IN
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
2 active listings and 81 off-market properties in Monroe, IN.
Market Trends
Monroe, IN spans 37.3 square miles in Adams County, Indiana. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Monroe, 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 Monroe, IN runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Monroe, 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 Monroe, 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 60%
- Industrial 33%
- Commercial 2.9%
Largest Zones share of zoned land by district
One Family
Light Industrial
Heavy Industrial
No Zoning
Multifamily
Monroe, IN zones 434 acres across 8 districts. Commercial zoning covers 2.9% of zoned land, residential 60% and industrial 33%. The largest single district is One Family at 56.2%. For commercial buyers the practical constraint is that only 36% of land carries a commercial or industrial designation.
One Family (R-1)
The purpose of R-1 zone is intended to establish and preserve low density, single family homes, free from other land uses except those which are compatible with and convenient to the residents of such a zone
Market overview
Demographics & Economy
Monroe, IN has 3,929 residents in 848 households. Density runs 105 people per square mile. Median household income here is $78,594 and median gross rent $765 a month.
3,929
Population
848
Households
4.6
Avg Household Size
22
Median Age
15%
College-Educated
74%
High-School Grad
37.3 sq mi
ZIP Area
105
Density / Sq Mi
$78,594
Median Household Income
$38,198
Median Earnings
$765
Median Rent
$200,500
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Coppess Corner | — | — |
| Pleasant Mills | — | — |
| Decatur | — | — |
| Berne | — | — |
Frequently Asked Questions
What zoning applies to commercial property in Monroe?
Monroe, IN zones 434 acres across 8 districts, of which 2.9% is commercial and 33% industrial. The largest single district is One Family at 56.2% of zoned land. The purpose of R-1 zone is intended to establish and preserve low density, single family homes, free from other land uses except those which are compatible with and convenient to the residents of such a zone Residential zoning covers 60% and open space 0%.
Where does Realmo's Monroe market data come from?
Realmo compiles Monroe, IN figures from 2 active sale listings, 81 tracked off-market properties, the current Monroe zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 2 active for-sale and 0 active for-lease listings in Monroe, 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: 434 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
