Commercial Real Estate Market in Porter, IN
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
7 active listings and 104 off-market properties in Porter, IN.
Market Trends
Porter, IN spans 57.8 square miles in Porter County, Indiana. Figures below refresh monthly; last updated 31 October 2026.
Office
Office vacancy in Porter, IN runs 21.3% across the Midwest region in 2025, up from 13.7% in 2019.
Retail
Retail vacancy in Porter, IN runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Industrial
Industrial vacancy in Porter, 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%.
Multifamily
Multifamily space in Porter, IN has a median asking sale price of $113/SF (based on 3 listings). Vacancy runs 8% across the Midwest region in 2025, up from 6.5% in 2022.
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 51.2%
- Open space 31.5%
- Planned_development 8.1%
- Industrial 5.3%
- Commercial 3.9%
Largest Zones share of zoned land by district
Porter, IN zones 3,898 acres across 17 districts. Commercial zoning covers 3.9% of zoned land, residential 51.2%, open space 31.5% and industrial 5.3%. The largest single district is Single Family Large Lot Residential District at 44.6%. For commercial buyers the practical constraint is that only 9.2% of land carries a commercial or industrial designation.
The following listed uses and no others are permitted uses in R-1 and R-2 districts: (a) Residential uses as follows: (1) One-family detached dwellings, including models. § 17 PORTER TOWN CODE CDA:40 Supp. No. 13 (2) Planned unit developments, residential as set forth in Article XIII, including models. (b) Community service uses as follows: (1) Churches, rec…
Market overview
Demographics & Economy
Porter, IN has 26,835 residents in 11,521 households. Density runs 464 people per square mile. Median household income here is $88,551 and median gross rent $1,169 a month.
Tools
Nearby Markets
| Market | Median Asking Price, $/SF | Median Asking Rent, $/SF/Yr |
|---|---|---|
| Chesterton | $173 | — |
| Portage | $213 | $20.00 |
Commercial property in Porter, IN asks $113/SF. The 2 bordering markets run from $173/SF in Chesterton to $213/SF in Portage, and the city sits below their $193/SF median.
Frequently Asked Questions
What is the median price per square foot for commercial property in Porter?
How does Porter compare to nearby markets on price?
What zoning applies to commercial property in Porter?
Where does Realmo's Porter market data come from?
Methodology & data sources
- Asking prices and medians
- There are 6 active for-sale and 1 active for-lease listings in Porter, IN. The sale median is based on 3 of the for-sale listings that state a price per square foot; too few for-lease listings state a rent per square foot for a rent median. These are ASKING figures from live listings, not closed-transaction prices, and a figure resting on fewer than 10 listings says so where it is quoted.
- 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: 3,898 zoned acres across 17 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 October 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 October 2026 · How Realmo checks market page data · Report a data issue
