Commercial Real Estate Market in Newburgh, IN
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
55 active listings and 968 off-market properties in Newburgh, IN. Commercial property asks $2,782/SF to buy and $34.24/SF/Yr to lease.
Market Trends
Newburgh, IN spans 47.0 square miles in Warrick County, Indiana. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Newburgh, 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 Newburgh, IN runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Newburgh, 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 Newburgh, 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 79.8%
- Commercial 8.7%
- Open space 7.1%
- Agricultural 1.9%
- Industrial 0.2%
Largest Zones share of zoned land by district
Single Household Residential
Single Household Residential
Medium Density Residential
Parks And Recreational Districts
Multiple Household Residential
Newburgh, IN zones 927 acres across 13 districts. Commercial zoning covers 8.7% of zoned land, residential 79.8%, open space 7.1% and industrial 0.2%. The largest single district is Single Household Residential at 56.4%. For commercial buyers the practical constraint is that only 8.8% of land carries a commercial or industrial designation.
Single Household Residential (R1)
R1 Single-Household Residence District 157.119 R2 Single-Household Residence District 157.120 R3 Medium Density Residence District 157.121 R4 Multi-Household Residence District Commercial Districts 157.135 General provisions 157.136 C1 Town Core Commercial District 157.137 C2 General Commercial District 157.138 C3 Neighborhood Commercial District 157.139 C4…
Market overview
Demographics & Economy
Newburgh, IN has 38,309 residents in 15,620 households. Density runs 815 people per square mile. Median household income here is $101,462 and median gross rent $1,108 a month.
38,309
Population
15,620
Households
2.5
Avg Household Size
41
Median Age
44%
College-Educated
97%
High-School Grad
47 sq mi
ZIP Area
815
Density / Sq Mi
$101,462
Median Household Income
$53,105
Median Earnings
$1,108
Median Rent
$255,200
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Midway | — | — |
| Paradise | — | — |
| Dayville | — | — |
| Baskett | — | — |
Commercial property in Newburgh, IN asks $2,782/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Newburgh?
Commercial property in Newburgh, IN asks an average of $2,782 per square foot.
How much does it cost to lease commercial space in Newburgh?
Asking lease rates in Newburgh, IN average $34.24 per square foot per year.
What zoning applies to commercial property in Newburgh?
Newburgh, IN zones 927 acres across 13 districts, of which 8.7% is commercial and 0.2% industrial. The largest single district is Single Household Residential at 56.4% of zoned land. R1 Single-Household Residence District 157.119 R2 Single-Household Residence District 157.120 R3 Medium Density Residence District 157.121 R4 Multi-Household Residence District Commercial Districts 157.135 General provisions 157.136 C1 Town Core Commercial District 157.137 C2 General Commercial District 157.138 C3 Neighborhood Commercial District 157.139 C4… Residential zoning covers 79.8% and open space 7.1%.
Where does Realmo's Newburgh market data come from?
Realmo compiles Newburgh, IN figures from 40 active sale listings, 15 active lease listings, 968 tracked off-market properties, the current Newburgh zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 40 active for-sale and 15 active for-lease listings in Newburgh, 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: 927 zoned acres across 13 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
