Commercial Real Estate Market in Ridgeville, IN
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
5 active listings and 71 off-market properties in Ridgeville, IN.
Market Trends
Ridgeville, IN spans 61.8 square miles in Randolph County, Indiana. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Ridgeville, 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 Ridgeville, IN runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Ridgeville, 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 Ridgeville, 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 69.2%
- Industrial 30.7%
- Commercial 0.1%
Largest Zones share of zoned land by district
Residential High Density Urban
General Industrial
Residential Medium Density
Community Commercial
Regional Commercial
Ridgeville, IN zones 281 acres across 8 districts. Commercial zoning covers 0.1% of zoned land, residential 69.2% and industrial 30.7%. The largest single district is Residential High Density Urban at 52.4%. For commercial buyers the practical constraint is that only 30.8% of land carries a commercial or industrial designation.
Residential High Density Urban (R-2)
Residential, High Density, Urban (R2) Residential, High Density (R3) Neighborhood Commercial (C1) Randolph County Unified Zoning Ordinance 200 Randolph County Unified Zoning Ordinance 201 ARTICLE XVII Tower Regulations 17.0 Intent The intent of the following standards is to provide sensible and reasonable use of land for towers such as telecommunication (rad…
Market overview
Demographics & Economy
Ridgeville, IN has 1,917 residents in 703 households. Density runs 31 people per square mile. Median household income here is $55,278 and median gross rent $664 a month.
1,917
Population
703
Households
2.7
Avg Household Size
41
Median Age
8%
College-Educated
85%
High-School Grad
61.8 sq mi
ZIP Area
31
Density / Sq Mi
$55,278
Median Household Income
$40,046
Median Earnings
$664
Median Rent
$84,900
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Deerfield | — | — |
| Randolph | — | — |
| Powers | — | — |
| Bluff Point | — | — |
Commercial property in Ridgeville, IN asks $37/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Ridgeville?
Commercial property in Ridgeville, IN asks an average of $37 per square foot.
What zoning applies to commercial property in Ridgeville?
Ridgeville, IN zones 281 acres across 8 districts, of which 0.1% is commercial and 30.7% industrial. The largest single district is Residential High Density Urban at 52.4% of zoned land. Residential, High Density, Urban (R2) Residential, High Density (R3) Neighborhood Commercial (C1) Randolph County Unified Zoning Ordinance 200 Randolph County Unified Zoning Ordinance 201 ARTICLE XVII Tower Regulations 17.0 Intent The intent of the following standards is to provide sensible and reasonable use of land for towers such as telecommunication (rad… Residential zoning covers 69.2% and open space 0%.
Where does Realmo's Ridgeville market data come from?
Realmo compiles Ridgeville, IN figures from 5 active sale listings, 71 tracked off-market properties, the current Ridgeville zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 5 active for-sale and 0 active for-lease listings in Ridgeville, 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: 281 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
