Commercial Real Estate Market in Downs, KS
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
2 active listings and 129 off-market properties in Downs, KS.
Market Trends
Downs, KS spans 122.7 square miles in Osborne County, Kansas. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Downs, KS runs 21.3% across the Midwest region in 2025, up from 13.7% in 2019.
Vacancy Rate % in Midwest region
Retail
Retail vacancy in Downs, KS runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Downs, KS 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 Downs, KS 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 52.7%
- Industrial 26.4%
- Agricultural 15.8%
- Commercial 5.2%
Largest Zones share of zoned land by district
Single Family Dwelling District
Heavy Industrial District
Agriculture District
Two Family Dwelling District
Single Family Dwelling Manufactured Home District
Downs, KS zones 799 acres across 11 districts. Commercial zoning covers 5.2% of zoned land, residential 52.7% and industrial 26.4%. The largest single district is Single Family Dwelling District at 32.6%. For commercial buyers the practical constraint is that only 31.5% of land carries a commercial or industrial designation.
Single Family Dwelling Manufactured Home District (R-1-MH)
It is intended to permit manufactured homes where a lot or a group of lots is owned by the manufactured home owner.
Market overview
Demographics & Economy
Downs, KS has 995 residents in 550 households. Density runs 8 people per square mile. Median household income here is $69,167 and median gross rent $594 a month.
995
Population
550
Households
1.8
Avg Household Size
52
Median Age
38%
College-Educated
95%
High-School Grad
122.7 sq mi
ZIP Area
8
Density / Sq Mi
$69,167
Median Household Income
$48,158
Median Earnings
$594
Median Rent
$108,700
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Cawker City | — | — |
| Osborne | — | — |
| Portis | — | — |
| Tipton | — | — |
Commercial property in Downs, KS asks $130/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Downs?
Commercial property in Downs, KS asks an average of $130 per square foot.
What zoning applies to commercial property in Downs?
Downs, KS zones 799 acres across 11 districts, of which 5.2% is commercial and 26.4% industrial. The largest single district is Single Family Dwelling District at 32.6% of zoned land. Residential zoning covers 52.7% and open space 0%.
Where does Realmo's Downs market data come from?
Realmo compiles Downs, KS figures from 2 active sale listings, 129 tracked off-market properties, the current Downs zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 2 active for-sale and 0 active for-lease listings in Downs, KS. 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: 799 zoned acres across 11 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
