Commercial Real Estate Market in Ravenna, NE
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
4 active listings and 139 off-market properties in Ravenna, NE.
Market Trends
Ravenna, NE spans 211.4 square miles in Buffalo County, Nebraska. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Ravenna, 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 Ravenna, NE runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Ravenna, 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 Ravenna, 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 70.2%
- Industrial 26.8%
- Commercial 3%
Largest Zones share of zoned land by district
Residential Single Family District
Industrial District
Agriculture Residential District
Residential Single And Multifamily District
General Commercial District
Ravenna, NE zones 714 acres across 7 districts. Commercial zoning covers 3% of zoned land, residential 70.2% and industrial 26.8%. The largest single district is Residential Single Family District at 40.2%. For commercial buyers the practical constraint is that only 29.8% of land carries a commercial or industrial designation.
Residential Single Family District (R-1)
This District is intended to provide for residential uses consisting primarily of single family dwelling units and accessory structures
Market overview
Demographics & Economy
Ravenna, NE has 2,216 residents in 1,102 households. Density runs 10 people per square mile. Median household income here is $64,893 and median gross rent $882 a month.
2,216
Population
1,102
Households
2
Avg Household Size
44
Median Age
16%
College-Educated
92%
High-School Grad
211.4 sq mi
ZIP Area
10
Density / Sq Mi
$64,893
Median Household Income
$38,581
Median Earnings
$882
Median Rent
$156,700
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Poole | — | — |
| Bristol | — | — |
| Sweetwater | — | — |
| Rockville | — | — |
Frequently Asked Questions
What zoning applies to commercial property in Ravenna?
Ravenna, NE zones 714 acres across 7 districts, of which 3% is commercial and 26.8% industrial. The largest single district is Residential Single Family District at 40.2% of zoned land. This District is intended to provide for residential uses consisting primarily of single family dwelling units and accessory structures Residential zoning covers 70.2% and open space 0%.
Where does Realmo's Ravenna market data come from?
Realmo compiles Ravenna, NE figures from 4 active sale listings, 139 tracked off-market properties, the current Ravenna zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 4 active for-sale and 0 active for-lease listings in Ravenna, 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: 714 zoned acres across 7 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
