Commercial Real Estate Market in Syracuse, IN
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
32 active listings and 463 off-market properties in Syracuse, IN.
Market Trends
Syracuse, IN spans 57.3 square miles in Kosciusko County, Indiana. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Syracuse, 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 Syracuse, IN runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Syracuse, 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 Syracuse, 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 46.8%
- Industrial 15.5%
- Commercial 14.8%
- Agricultural 5.3%
Largest Zones share of zoned land by district
Residential
Industrial 2
Commercial
Public Use
Agriculture
Syracuse, IN zones 1,093 acres across 7 districts. Commercial zoning covers 14.8% of zoned land, residential 46.8% and industrial 15.5%. The largest single district is Residential at 46.8%. For commercial buyers the practical constraint is that only 30.3% of land carries a commercial or industrial designation.
Residential (R)
The residential district is limited to dwellings, public and semi public uses which are normally associated with residential neighborhoods. The purpose of this District is to create an attractive, stable and orderly residential environment.
Market overview
Demographics & Economy
Syracuse, IN has 9,773 residents in 5,849 households. Density runs 171 people per square mile. Median household income here is $73,277 and median gross rent $964 a month.
9,773
Population
5,849
Households
1.7
Avg Household Size
44
Median Age
25%
College-Educated
90%
High-School Grad
57.3 sq mi
ZIP Area
171
Density / Sq Mi
$73,277
Median Household Income
$46,327
Median Earnings
$964
Median Rent
$228,200
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Saint Marys | — | — |
| Milford | — | — |
| New Paris | — | — |
| Indian Village | — | — |
Commercial property in Syracuse, IN asks $174/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Syracuse?
Commercial property in Syracuse, IN asks an average of $174 per square foot.
What zoning applies to commercial property in Syracuse?
Syracuse, IN zones 1,093 acres across 7 districts, of which 14.8% is commercial and 15.5% industrial. The largest single district is Residential at 46.8% of zoned land. The residential district is limited to dwellings, public and semi public uses which are normally associated with residential neighborhoods. The purpose of this District is to create an attractive, stable and orderly residential environment. Residential zoning covers 46.8% and open space 0%.
Where does Realmo's Syracuse market data come from?
Realmo compiles Syracuse, IN figures from 31 active sale listings, 1 active lease listings, 463 tracked off-market properties, the current Syracuse zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 31 active for-sale and 1 active for-lease listings in Syracuse, 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: 1,093 zoned acres across 7 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
