Commercial Real Estate Market in Chadron, NE
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
8 active listings and 437 off-market properties in Chadron, NE.
Market Trends
Chadron, NE spans 775.1 square miles in Dawes County, Nebraska. Figures below refresh monthly; last updated 30 September 2026.
Office
Office vacancy in Chadron, NE runs 21.3% across the Midwest region in 2025, up from 13.7% in 2019.
Vacancy Rate % in Midwest region
Retail
Retail vacancy in Chadron, NE runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Chadron, NE 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 Chadron, NE 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 63.1%
- Commercial 24.2%
- Industrial 12.8%
Largest Zones share of zoned land by district
Agricultural
Urban Family Residential District
Rural Residential District
Limited Commercial And Office District
General Commercial
Chadron, NE zones 2,513 acres across 12 districts. Commercial zoning covers 24.2% of zoned land, residential 63.1% and industrial 12.8%. The largest single district is Agricultural at 17.4%. For commercial buyers the practical constraint is that only 36.9% of land carries a commercial or industrial designation.
Agricultural (AG)
AG Agricultural District The AG District provides for and preserves the agricultural and rural use of land, while accommodating very low density residential development generally associated with agricultural uses. This district is designed to maintain complete agricultural uses within the Chadron extra-territorial jurisdiction. In addition, land included in…
Market overview
Demographics & Economy
Chadron, NE has 6,541 residents in 3,053 households. Density runs 8 people per square mile. Median household income here is $53,738 and median gross rent $1,038 a month.
6,541
Population
3,053
Households
2.1
Avg Household Size
33
Median Age
38%
College-Educated
95%
High-School Grad
775.1 sq mi
ZIP Area
8
Density / Sq Mi
$53,738
Median Household Income
$24,524
Median Earnings
$1,038
Median Rent
$160,800
Median Home Value
Tools
Frequently Asked Questions
What is the average price per square foot for commercial property in Chadron?
Commercial property in Chadron, NE asks an average of $78 per square foot. The 6 most recent recorded sales traded at a median of $74/SF, so asking sits 5% above the achieved median.
What zoning applies to commercial property in Chadron?
Chadron, NE zones 2,513 acres across 12 districts, of which 24.2% is commercial and 12.8% industrial. The largest single district is Agricultural at 17.4% of zoned land. AG Agricultural District The AG District provides for and preserves the agricultural and rural use of land, while accommodating very low density residential development generally associated with agricultural uses. This district is designed to maintain complete agricultural uses within the Chadron extra-territorial jurisdiction. In addition, land included in… Residential zoning covers 63.1% and open space 0%.
Where does Realmo's Chadron market data come from?
Realmo compiles Chadron, NE figures from 7 recent recorded sales, 8 active sale listings, 437 tracked off-market properties, the current Chadron zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 8 active for-sale and 0 active for-lease listings in Chadron, NE. 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: 2,513 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 30 September 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 30 September 2026 · report a data issue
