Commercial Real Estate Market in Warren, IN
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
14 active listings and 209 off-market properties in Warren, IN. Commercial property asks $4/SF to buy and $14.00/SF/Yr to lease.
Market Trends
Warren, IN spans 98.8 square miles in Huntington County, Indiana. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Warren, 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 Warren, IN runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Warren, 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 Warren, 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 59.1%
- Agricultural 17.2%
- Industrial 13.9%
- Commercial 6.5%
- Open space 3.4%
Largest Zones share of zoned land by district
Residential Medium Density
Agricultural
Heavy Manufacturing
Residential High Density
Light Manufacturing
Warren, IN zones 597 acres across 13 districts. Commercial zoning covers 6.5% of zoned land, residential 59.1%, open space 3.4% and industrial 13.9%. The largest single district is Residential Medium Density at 48.4%. For commercial buyers the practical constraint is that only 20.4% of land carries a commercial or industrial designation.
Residential Medium Density (R-4)
SECTION 904: RESIDENTIAL MEDIUM DENSITY (R-4) DISTRICT A. The residential medium density district is intended to be a moderately dense residential district. It is the intent of this section to allow single-family and two-family dwelling units and uses servicing the needs of a moderately dense residential area. B. The permitted principal uses are: 1. Dwelling…
Market overview
Demographics & Economy
Warren, IN has 3,673 residents in 1,723 households. Density runs 37 people per square mile. Median household income here is $71,595 and median gross rent $965 a month.
3,673
Population
1,723
Households
2.1
Avg Household Size
50
Median Age
18%
College-Educated
96%
High-School Grad
98.8 sq mi
ZIP Area
37
Density / Sq Mi
$71,595
Median Household Income
$34,813
Median Earnings
$965
Median Rent
$146,900
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Pleasant Plain | — | — |
| Van Buren | — | — |
| Buckeye | — | — |
| McNatts | — | — |
Commercial property in Warren, IN asks $4/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Warren?
Commercial property in Warren, IN asks an average of $4 per square foot.
How much does it cost to lease commercial space in Warren?
Asking lease rates in Warren, IN average $14.00 per square foot per year.
What zoning applies to commercial property in Warren?
Warren, IN zones 597 acres across 13 districts, of which 6.5% is commercial and 13.9% industrial. The largest single district is Residential Medium Density at 48.4% of zoned land. SECTION 904: RESIDENTIAL MEDIUM DENSITY (R-4) DISTRICT A. The residential medium density district is intended to be a moderately dense residential district. It is the intent of this section to allow single-family and two-family dwelling units and uses servicing the needs of a moderately dense residential area. B. The permitted principal uses are: 1. Dwelling… Residential zoning covers 59.1% and open space 3.4%.
Where does Realmo's Warren market data come from?
Realmo compiles Warren, IN figures from 5 recent recorded sales, 12 active sale listings, 2 active lease listings, 209 tracked off-market properties, the current Warren zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 12 active for-sale and 2 active for-lease listings in Warren, 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: 597 zoned acres across 13 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
