Commercial Real Estate Market in Southport, IN
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
Market Trends
Southport, IN spans 52.5 square miles in Marion County, Indiana. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Southport, IN runs 21.3% across the Midwest region in 2025, up from 13.7% in 2019.
Retail
Retail vacancy in Southport, IN runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Industrial
Industrial vacancy in Southport, 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 vacancy in Southport, IN 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
- Civic 58.1%
- Residential 19.5%
- Commercial 10.7%
- Industrial 4.6%
- Open space 1%
- Planned_development 0.9%
Largest Zones share of zoned land by district
The D-3 district provides for low or medium intensity residential development. Land in this district should have good thoroughfare access, be relatively flat in topography, and be afforded pedestrian linkages to community and neighborhood services and facilities (schools, parks, shopping areas, etc.). Recreational facilities developed for the neighborhood co…
Market overview
Demographics & Economy
Southport, IN has 141,229 residents in 58,149 households. Density runs 2,689 people per square mile. Median household income here is $68,243 and median gross rent $1,174 a month.
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Homecroft | — | — |
| Greenwood | — | — |
| Beech Grove | — | — |
| Bridgeport | — | — |
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: 397 zoned acres across 15 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
