Commercial Real Estate Market in Westville, IN
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
11 active listings and 180 off-market properties in Westville, IN.
Market Trends
Westville, IN spans 39.7 square miles in LaPorte County, Indiana. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Westville, 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 Westville, IN runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Westville, 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 Westville, 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
- Industrial 28.8%
- Civic 28.4%
- Commercial 22.4%
- Residential 18.9%
- Mixed use 1.5%
Largest Zones share of zoned land by district
Light Industry
Agriculture
Manufactured Housing Park
Single Family Residential
Single Family Residential
Westville, IN zones 1,662 acres across 12 districts. Commercial zoning covers 22.4% of zoned land, residential 18.9% and industrial 28.8%. The largest single district is Light Industry at 27.4%. For commercial buyers the practical constraint is that only 51.2% of land carries a commercial or industrial designation.
Light Industry (M1)
The M1 Light Industrial District is established for light industries, such as light manufacturing or processing of previously refined materials and other industrial uses that have no adverse impact upon neighboring districts. This district also allows certain commercial uses that are industrial in character or are necessary to provide services to persons wor…
Market overview
Demographics & Economy
Westville, IN has 9,077 residents in 2,174 households. Density runs 229 people per square mile. Median household income here is $86,955 and median gross rent $1,197 a month.
9,077
Population
2,174
Households
4.2
Avg Household Size
38
Median Age
14%
College-Educated
83%
High-School Grad
39.7 sq mi
ZIP Area
229
Density / Sq Mi
$86,955
Median Household Income
$48,004
Median Earnings
$1,197
Median Rent
$254,600
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Otis | — | — |
| Union Mills | — | — |
| Wellsboro | — | — |
| Wanatah | — | — |
Commercial property in Westville, IN asks $147/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Westville?
Commercial property in Westville, IN asks an average of $147 per square foot.
What zoning applies to commercial property in Westville?
Westville, IN zones 1,662 acres across 12 districts, of which 22.4% is commercial and 28.8% industrial. The largest single district is Light Industry at 27.4% of zoned land. The M1 Light Industrial District is established for light industries, such as light manufacturing or processing of previously refined materials and other industrial uses that have no adverse impact upon neighboring districts. This district also allows certain commercial uses that are industrial in character or are necessary to provide services to persons wor… Residential zoning covers 18.9% and open space 0%.
Where does Realmo's Westville market data come from?
Realmo compiles Westville, IN figures from 10 active sale listings, 1 active lease listings, 180 tracked off-market properties, the current Westville zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 10 active for-sale and 1 active for-lease listings in Westville, 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: 1,662 zoned acres across 12 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
