Commercial Real Estate Market in Algoma, WI
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
20 active listings and 261 off-market properties in Algoma, WI.
Market Trends
Algoma, WI spans 75.5 square miles in Kewaunee County, Wisconsin. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Algoma, WI runs 21.3% across the Midwest region in 2025, up from 13.7% in 2019.
Vacancy Rate % in Midwest region
Retail
Retail vacancy in Algoma, WI runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Algoma, WI 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 Algoma, WI runs 8% across the Midwest region in 2025, up from 6.5% in 2022.
Vacancy Rate % in Midwest region
Market overview
Demographics & Economy
Algoma, WI has 5,281 residents in 2,603 households. Density runs 70 people per square mile. Median household income here is $65,772 and median gross rent $823 a month.
5,281
Population
2,603
Households
2
Avg Household Size
48
Median Age
19%
College-Educated
92%
High-School Grad
75.5 sq mi
ZIP Area
70
Density / Sq Mi
$65,772
Median Household Income
$39,787
Median Earnings
$823
Median Rent
$174,800
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Rio Creek | — | — |
| Forestville | — | — |
| Casco | — | — |
| Maplewood | — | — |
Commercial property in Algoma, WI asks $59/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Algoma?
Commercial property in Algoma, WI asks an average of $59 per square foot. The 5 most recent recorded sales traded at a median of $171/SF.
Where does Realmo's Algoma market data come from?
Realmo compiles Algoma, WI figures from 7 recent recorded sales, 20 active sale listings, 261 tracked off-market properties. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 20 active for-sale and 0 active for-lease listings in Algoma, WI. 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.
- 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
