Commercial Real Estate Market in Springport, IN
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
1 active listing and 12 off-market properties in Springport, IN.
Market Trends
Springport, IN spans 16.7 square miles in Henry County, Indiana. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Springport, 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 Springport, IN runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Springport, 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 Springport, 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 96.3%
- Commercial 2.6%
Largest Zones share of zoned land by district
Single Family Residential
Rural Residential Districts
General Business
Vacation
Springport, IN zones 77 acres across 4 districts. Commercial zoning covers 2.6% of zoned land, residential 96.3%. The largest single district is Single Family Residential at 84.8%. For commercial buyers the practical constraint is that only 2.6% of land carries a commercial or industrial designation.
Single Family Residential (R1)
R1 Single Family Residential Districts are established to permit one- (1-) family dwellings in urbanizing areas of the County that may expect to be served by centralized sewer and water facilities in the immediate future. Density shall not exceed two and one-half (2.5) dwelling units per gross acre with sewer services and one (1) dwelling unit per gross acre…
Market overview
Demographics & Economy
Springport, IN has 1,085 residents in 665 households. Density runs 65 people per square mile. Median household income here is $76,430.
1,085
Population
665
Households
1.6
Avg Household Size
49
Median Age
32%
College-Educated
88%
High-School Grad
16.7 sq mi
ZIP Area
65
Density / Sq Mi
$76,430
Median Household Income
$54,875
Median Earnings
$0
Median Rent
$179,200
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Oakville | — | — |
| Luray | — | — |
| Mount Summit | — | — |
| Sulphur Springs | — | — |
Frequently Asked Questions
What zoning applies to commercial property in Springport?
Springport, IN zones 77 acres across 4 districts, of which 2.6% is commercial and 0% industrial. The largest single district is Single Family Residential at 84.8% of zoned land. R1 Single Family Residential Districts are established to permit one- (1-) family dwellings in urbanizing areas of the County that may expect to be served by centralized sewer and water facilities in the immediate future. Density shall not exceed two and one-half (2.5) dwelling units per gross acre with sewer services and one (1) dwelling unit per gross acre… Residential zoning covers 96.3% and open space 0%.
Where does Realmo's Springport market data come from?
Realmo compiles Springport, IN figures from 1 active sale listings, 12 tracked off-market properties, the current Springport zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 1 active for-sale and 0 active for-lease listings in Springport, 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: 77 zoned acres across 4 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
