Commercial Real Estate Market in Nashville, IN
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
26 active listings and 337 off-market properties in Nashville, IN.
Market Trends
Nashville, IN spans 187.6 square miles in Brown County, Indiana. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Nashville, 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 Nashville, IN runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Nashville, 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 Nashville, 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 54.7%
- Commercial 24.2%
- Industrial 20.1%
- Civic 0.9%
- Planned_development 0.1%
Largest Zones share of zoned land by district
Residence District
Business District
Business District
Residence District
Business District
Nashville, IN zones 1,031 acres across 8 districts. Commercial zoning covers 24.2% of zoned land, residential 54.7% and industrial 20.1%. The largest single district is Residence District at 37.6%. For commercial buyers the practical constraint is that only 44.3% of land carries a commercial or industrial designation.
Market overview
Demographics & Economy
Nashville, IN has 7,816 residents in 3,995 households. Density runs 42 people per square mile. Median household income here is $65,136 and median gross rent $1,032 a month.
7,816
Population
3,995
Households
2
Avg Household Size
52
Median Age
28%
College-Educated
94%
High-School Grad
187.6 sq mi
ZIP Area
42
Density / Sq Mi
$65,136
Median Household Income
$41,278
Median Earnings
$1,032
Median Rent
$245,600
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Trevlac | — | — |
| Annandale Estates | — | — |
| Cloud Crest Hills | — | — |
| Gnaw Bone | — | — |
Frequently Asked Questions
What zoning applies to commercial property in Nashville?
Nashville, IN zones 1,031 acres across 8 districts, of which 24.2% is commercial and 20.1% industrial. The largest single district is Residence District at 37.6% of zoned land. Residential zoning covers 54.7% and open space 0%.
Where does Realmo's Nashville market data come from?
Realmo compiles Nashville, IN figures from 3 recent recorded sales, 26 active sale listings, 337 tracked off-market properties, the current Nashville zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 26 active for-sale and 0 active for-lease listings in Nashville, 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: 1,031 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
