Commercial Real Estate Market in Salamonia, IN
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
Market Trends
Salamonia, IN spans 0.7 square miles in Jay County, Indiana. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Salamonia, 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 Salamonia, IN runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Salamonia, 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 Salamonia, 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 99.2%
- Commercial 0.8%
Largest Zones share of zoned land by district
Rural Residential
Commercial
Salamonia, IN zones 229 acres across 2 districts. Commercial zoning covers 0.8% of zoned land, residential 99.2%. The largest single district is Rural Residential at 99.2%. For commercial buyers the practical constraint is that only 0.8% of land carries a commercial or industrial designation.
Commercial (COM)
COM: Commercial District - (COM on eGIS) The Commercial District (COM) is established to provide an area, in downtown Pennville, for neighborhood and specialty commercial development that meets the needs of local residents and encourages visitors to shop in Pennville. It is not the intent of this district to accommodate “big box” retailers.
Market overview
Demographics & Economy
Salamonia, IN has 139 residents in 75 households. Density runs 212 people per square mile. Median household income here is $58,958 and median gross rent $1,100 a month.
139
Population
75
Households
1.9
Avg Household Size
35
Median Age
7%
College-Educated
98%
High-School Grad
0.7 sq mi
ZIP Area
212
Density / Sq Mi
$58,958
Median Household Income
$36,250
Median Earnings
$1,100
Median Rent
$95,600
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Salomonia | — | — |
| Brice | — | — |
| Fort Recovery | — | — |
| New Pittsburg | — | — |
Frequently Asked Questions
What zoning applies to commercial property in Salamonia?
Salamonia, IN zones 229 acres across 2 districts, of which 0.8% is commercial and 0% industrial. The largest single district is Rural Residential at 99.2% of zoned land. Residential zoning covers 99.2% and open space 0%.
Methodology & data sources
- 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: 229 zoned acres across 2 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
