Commercial Real Estate Market in Trafalgar, IN
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
15 active listings and 116 off-market properties in Trafalgar, IN. Commercial property asks $68/SF to buy and $4.58/SF/Yr to lease.
Market Trends
Trafalgar, IN spans 45.5 square miles in Johnson County, Indiana. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Trafalgar, 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 Trafalgar, IN runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Trafalgar, 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 Trafalgar, 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
- Agricultural 57.1%
- Residential 24.5%
- Civic 9.7%
- Commercial 6.1%
- Industrial 2.6%
Largest Zones share of zoned land by district
Agriculture
Residential
Residential
Institutional Use
Commercial
Residential (R-1)
A lot or parcel of contiguous land to be developed for use or uses permitted in the R-1, R-2 and R-3 Residential Districts, which at the time of development is under one ownership or control, and subsequently may be subdivided, developed and/or conveyed into smaller lots or parcels. For permitted multi-family dwelling, detached single-family cluster dwelling…
Market overview
Demographics & Economy
Trafalgar, IN has 5,280 residents in 1,959 households. Density runs 116 people per square mile. Median household income here is $85,625 and median gross rent $951 a month.
5,280
Population
1,959
Households
2.7
Avg Household Size
43
Median Age
28%
College-Educated
95%
High-School Grad
45.5 sq mi
ZIP Area
116
Density / Sq Mi
$85,625
Median Household Income
$49,503
Median Earnings
$951
Median Rent
$278,600
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Samaria | — | — |
| Princes Lakes | — | — |
| Peoga | — | — |
| Providence | — | — |
Commercial property in Trafalgar, IN asks $68/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Trafalgar?
Commercial property in Trafalgar, IN asks an average of $68 per square foot.
How much does it cost to lease commercial space in Trafalgar?
Asking lease rates in Trafalgar, IN average $4.58 per square foot per year.
Where does Realmo's Trafalgar market data come from?
Realmo compiles Trafalgar, IN figures from 13 active sale listings, 2 active lease listings, 116 tracked off-market properties, the current Trafalgar zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 13 active for-sale and 2 active for-lease listings in Trafalgar, 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: 1,640 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
