Commercial Real Estate Market in Wheeler, IN
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
Market Trends
Wheeler, IN spans 1.7 square miles in Porter County, Indiana. Figures below refresh monthly; last updated 31 August 2026.
Office
Office space in Wheeler, IN asks $139/SF to buy. Vacancy runs 21.3% across the Midwest region in 2025, up from 13.7% in 2019.
Average Sale Price $/SF
Listings
Vacancy Rate % in Midwest region
Retail
Retail space in Wheeler, IN asks $134/SF to buy. Vacancy runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Average Sale Price $/SF
Listings
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Wheeler, 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 Wheeler, IN runs 8% across the Midwest region in 2025, up from 6.5% in 2022.
Vacancy Rate % in Midwest region
Market overview
Demographics & Economy
Wheeler, IN has 376 residents in 98 households. Density runs 219 people per square mile. Median household income here is $36,645.
376
Population
98
Households
3.8
Avg Household Size
37
Median Age
9%
College-Educated
89%
High-School Grad
1.7 sq mi
ZIP Area
219
Density / Sq Mi
$36,645
Median Household Income
$29,167
Median Earnings
$0
Median Rent
$135,200
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Hobart | — | $9.15 |
| Portage | — | $19.40 |
| Ogden Dunes | — | — |
| Valpo | — | — |
Methodology & data sources
- 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.
- 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
