Commercial Real Estate Market in Peabody, KS
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
2 active listings and 88 off-market properties in Peabody, KS.
Market Trends
Peabody, KS spans 136.9 square miles in Marion County, Kansas. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Peabody, 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 Peabody, KS runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Peabody, 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 Peabody, 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
- Commercial 54.7%
- Residential 38.1%
- Industrial 6%
- Civic 1.2%
Largest Zones share of zoned land by district
Residential Agriculture
Two Family Dwelling District
Single Family Dwelling
General Business District
Light Industrial District
Peabody, KS zones 727 acres across 9 districts. Commercial zoning covers 54.7% of zoned land, residential 38.1% and industrial 6%. The largest single district is Residential Agriculture at 38.1%. For commercial buyers the practical constraint is that only 60.7% of land carries a commercial or industrial designation.
Residential Agriculture (R-A)
District R-A is intended primarily for use in areas of the City on the outer edge of the urbanized development. More intense urban usage is usually premature in this district due to lack of adequate utility services or transportation systems.
Market overview
Demographics & Economy
Peabody, KS has 1,509 residents in 754 households. Density runs 11 people per square mile. Median household income here is $56,385 and median gross rent $830 a month.
1,509
Population
754
Households
2
Avg Household Size
49
Median Age
19%
College-Educated
87%
High-School Grad
136.9 sq mi
ZIP Area
11
Density / Sq Mi
$56,385
Median Household Income
$36,029
Median Earnings
$830
Median Rent
$96,500
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Walton | — | — |
| Elbing | — | — |
| Florence | — | — |
| Hillsboro | — | — |
Commercial property in Peabody, KS asks $7/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Peabody?
Commercial property in Peabody, KS asks an average of $7 per square foot.
What zoning applies to commercial property in Peabody?
Peabody, KS zones 727 acres across 9 districts, of which 54.7% is commercial and 6% industrial. The largest single district is Residential Agriculture at 38.1% of zoned land. District R-A is intended primarily for use in areas of the City on the outer edge of the urbanized development. More intense urban usage is usually premature in this district due to lack of adequate utility services or transportation systems. Residential zoning covers 38.1% and open space 0%.
Where does Realmo's Peabody market data come from?
Realmo compiles Peabody, KS figures from 2 active sale listings, 88 tracked off-market properties, the current Peabody 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 Peabody, 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: 727 zoned acres across 9 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
