Commercial Real Estate Market in Indianola, NE
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
Market Trends
Indianola, NE spans 188.1 square miles in Red Willow County, Nebraska. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Indianola, 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 Indianola, NE runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Indianola, 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 Indianola, 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
- Agricultural 66%
- Residential 32.5%
- Commercial 1.5%
Largest Zones share of zoned land by district
Agricultural
Transitional Agriculture
Residential District
Highway Commercial District
Downtown Commercial District
Agricultural (A-1)
Zoning Regulations for the Article 4: Agricultural District (A-1) Regulations City of Indianola, Nebraska 4-1 ARTICLE 4: AGRICULTURAL DISTRICT (A-1) REGULATIONS This district is comprised of areas which are primarily in a natural state or areas utilized for raising of livestock and poultry, farming, ranching, and resource conservation activities. It is inten…
Market overview
Demographics & Economy
Indianola, NE has 808 residents in 345 households. Density runs 4 people per square mile. Median household income here is $56,696 and median gross rent $639 a month.
808
Population
345
Households
2.3
Avg Household Size
45
Median Age
18%
College-Educated
95%
High-School Grad
188.1 sq mi
ZIP Area
4
Density / Sq Mi
$56,696
Median Household Income
$40,201
Median Earnings
$639
Median Rent
$110,200
Median Home Value
Tools
Nearby Markets
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: 5,856 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
