Commercial Real Estate Market in Amherst, WI
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
6 active listings and 116 off-market properties in Amherst, WI.
Market Trends
Amherst, WI spans 66.4 square miles in Portage County, Wisconsin. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Amherst, 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 Amherst, WI runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Amherst, 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 Amherst, WI 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 48%
- Agricultural 27.8%
- Industrial 14.3%
- Commercial 7.7%
- Special 2.2%
Largest Zones share of zoned land by district
Residential Single Family
Agriculture
Manufacturing
General Business
Residential Multifamily
Residential Single Family (R2)
This district is established to provide locations for and maintain values of single family residential development
Market overview
Demographics & Economy
Amherst, WI has 3,647 residents in 1,776 households. Density runs 55 people per square mile. Median household income here is $76,445 and median gross rent $858 a month.
3,647
Population
1,776
Households
2.1
Avg Household Size
43
Median Age
31%
College-Educated
97%
High-School Grad
66.4 sq mi
ZIP Area
55
Density / Sq Mi
$76,445
Median Household Income
$39,615
Median Earnings
$858
Median Rent
$267,300
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Amherst Junction | — | — |
| Nelsonville | — | — |
| Scandinavia | — | — |
| Iola | — | — |
Commercial property in Amherst, WI asks $3,413/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Amherst?
Commercial property in Amherst, WI asks an average of $3,413 per square foot.
Where does Realmo's Amherst market data come from?
Realmo compiles Amherst, WI figures from 6 active sale listings, 116 tracked off-market properties, the current Amherst zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 6 active for-sale and 0 active for-lease listings in Amherst, 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.
- Zoning and land use
- The current municipal zoning release: 675 zoned acres across 9 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
