Commercial Real Estate Market in Trumbull, NE
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
Market Trends
Trumbull, NE spans 37.5 square miles in Clay County, Nebraska. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Trumbull, 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 Trumbull, NE runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Trumbull, 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 Trumbull, 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 76.6%
- Industrial 12.3%
- Commercial 6.5%
- Open space 4.6%
Largest Zones share of zoned land by district
Urban Residential
Industrial
General Commercial
Parks Or Recreational
Trumbull, NE zones 235 acres across 4 districts. Commercial zoning covers 6.5% of zoned land, residential 76.6%, open space 4.6% and industrial 12.3%. The largest single district is Urban Residential at 76.6%. For commercial buyers the practical constraint is that only 18.8% of land carries a commercial or industrial designation.
Urban Residential (R-2)
SECTION 411 R-2 - URBAN RESIDENTIAL DISTRICT 411.01 INTENT: This district is established, to provide areas for residential living uses within the incorporated Villages of Clay County which, while providing flexibility in the type and density of housing, will avoid land use and building mass conflicts and promote and encourage stable residential neighborhoods…
Market overview
Demographics & Economy
Trumbull, NE has 369 residents in 152 households. Density runs 10 people per square mile. Median household income here is $101,250 and median gross rent $1,325 a month.
369
Population
152
Households
2.4
Avg Household Size
37
Median Age
30%
College-Educated
99%
High-School Grad
37.5 sq mi
ZIP Area
10
Density / Sq Mi
$101,250
Median Household Income
$55,278
Median Earnings
$1,325
Median Rent
$189,400
Median Home Value
Tools
Nearby Markets
Frequently Asked Questions
What zoning applies to commercial property in Trumbull?
Trumbull, NE zones 235 acres across 4 districts, of which 6.5% is commercial and 12.3% industrial. The largest single district is Urban Residential at 76.6% of zoned land. SECTION 411 R-2 - URBAN RESIDENTIAL DISTRICT 411.01 INTENT: This district is established, to provide areas for residential living uses within the incorporated Villages of Clay County which, while providing flexibility in the type and density of housing, will avoid land use and building mass conflicts and promote and encourage stable residential neighborhoods… Residential zoning covers 76.6% and open space 4.6%.
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: 235 zoned acres across 4 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
