Commercial Real Estate Market in Davenport, NE
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
Market Trends
Davenport, NE spans 87.4 square miles in Thayer County, Nebraska. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Davenport, 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 Davenport, NE runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Davenport, 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 Davenport, 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 45%
- Agricultural 29.9%
- Industrial 18.8%
- Commercial 6.3%
Largest Zones share of zoned land by district
Residential
Agriculture
Industrial
Commercial 2
Commercial 1
Davenport, NE zones 423 acres across 5 districts. Commercial zoning covers 6.3% of zoned land, residential 45% and industrial 18.8%. The largest single district is Residential at 45%. For commercial buyers the practical constraint is that only 25.1% of land carries a commercial or industrial designation.
Market overview
Demographics & Economy
Davenport, NE has 535 residents in 284 households. Density runs 6 people per square mile. Median household income here is $70,313 and median gross rent $678 a month.
535
Population
284
Households
1.9
Avg Household Size
50
Median Age
31%
College-Educated
94%
High-School Grad
87.4 sq mi
ZIP Area
6
Density / Sq Mi
$70,313
Median Household Income
$36,154
Median Earnings
$678
Median Rent
$87,400
Median Home Value
Tools
Nearby Markets
Frequently Asked Questions
What zoning applies to commercial property in Davenport?
Davenport, NE zones 423 acres across 5 districts, of which 6.3% is commercial and 18.8% industrial. The largest single district is Residential at 45% of zoned land. Residential zoning covers 45% and open space 0%.
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.
- Zoning and land use
- The current municipal zoning release: 423 zoned acres across 5 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
