Commercial Real Estate Market in Valparaiso, IN
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
92 active listings and 1,784 off-market properties in Valparaiso, IN. Commercial property asks $150/SF to buy and $20.00/SF/Yr to lease.
Market Trends
Valparaiso, IN spans 168.3 square miles in Porter County, Indiana. Figures below refresh monthly; last updated 31 October 2026.
Office
Office space in Valparaiso, IN has a median asking sale price of $142/SF. Vacancy runs 21.3% across the Midwest region in 2025, up from 13.7% in 2019.
Retail
Retail space in Valparaiso, IN has a median asking sale price of $392/SF (based on 4 listings). Vacancy runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Industrial
Industrial space in Valparaiso, IN has a median asking sale price of $125/SF (based on 5 listings). Vacancy 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 space in Valparaiso, IN has a median asking sale price of $151/SF (based on 3 listings). Vacancy 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
- Residential 45.8%
- Industrial 19.2%
- Civic 15%
- Commercial 12.9%
- Planned_development 5.3%
- Agricultural 1.1%
- Mixed use 0.8%
Largest Zones share of zoned land by district
Valparaiso, IN zones 11,015 acres across 21 districts. Commercial zoning covers 12.9% of zoned land, residential 45.8% and industrial 19.2%. The largest single district is Suburban Residential at 18.3%. For commercial buyers the practical constraint is that only 32.2% of land carries a commercial or industrial designation.
This district is the primary low-density residential district. It is intended to permit a wide range of residential uses on larger lots and to encourage a variety of housing types.
Market overview
Demographics & Economy
Valparaiso, IN has 83,813 residents in 34,414 households. Density runs 498 people per square mile. Median household income here is $86,372 and median gross rent $1,184 a month.
Tools
Nearby Markets
| Market | Median Asking Price, $/SF | Median Asking Rent, $/SF/Yr |
|---|---|---|
| Portage | $213 | $20.00 |
| Chesterton | $173 | — |
Commercial property in Valparaiso, IN asks $150/SF. The 2 bordering markets run from $173/SF in Chesterton to $213/SF in Portage, and the city sits below their $193/SF median.
Frequently Asked Questions
What is the median price per square foot for commercial property in Valparaiso?
How much does it cost to lease commercial space in Valparaiso?
How does Valparaiso compare to nearby markets on price?
What zoning applies to commercial property in Valparaiso?
Where does Realmo's Valparaiso market data come from?
Methodology & data sources
- Asking prices and medians
- There are 30 active for-sale and 62 active for-lease listings in Valparaiso, IN. The medians are based on 22 of the for-sale and 40 of the for-lease listings, those that state a price or rent per square foot. These are ASKING figures from live listings, not closed-transaction prices, and a figure resting on fewer than 10 listings says so where it is quoted.
- 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: 11,015 zoned acres across 21 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 October 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 October 2026 · How Realmo checks market page data · Report a data issue
