Commercial Real Estate Market in Pierceton, IN
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
15 active listings and 406 off-market properties in Pierceton, IN.
Market Trends
Pierceton, IN spans 60.3 square miles in Kosciusko County, Indiana. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Pierceton, 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 Pierceton, IN runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Pierceton, 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 Pierceton, 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
- Industrial 25.2%
- Residential 24.5%
- Agricultural 22.1%
- Commercial 13.4%
Largest Zones share of zoned land by district
Residential
Agriculture
Industrial 2
Public Use
Commercial
Residential (R)
The residential district is limited to dwellings, public and semi public uses which are normally associated with residential neighborhoods. The purpose of this District is to create an attractive, stable and orderly residential environment.
Market overview
Demographics & Economy
Pierceton, IN has 4,718 residents in 2,593 households. Density runs 78 people per square mile. Median household income here is $61,599 and median gross rent $795 a month.
4,718
Population
2,593
Households
1.8
Avg Household Size
42
Median Age
14%
College-Educated
85%
High-School Grad
60.3 sq mi
ZIP Area
78
Density / Sq Mi
$61,599
Median Household Income
$39,271
Median Earnings
$795
Median Rent
$185,900
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Larwill | — | — |
| Winona Lake | — | — |
| Sidney | — | — |
| Lorane | — | — |
Frequently Asked Questions
Where does Realmo's Pierceton market data come from?
Realmo compiles Pierceton, IN figures from 3 recent recorded sales, 13 active sale listings, 2 active lease listings, 406 tracked off-market properties, the current Pierceton zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 13 active for-sale and 2 active for-lease listings in Pierceton, 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: 685 zoned acres across 6 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
