Commercial Real Estate Market in Baldwin, WI
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
32 active listings and 30 off-market properties in Baldwin, WI. Commercial property asks $506/SF to buy and $9.95/SF/Yr to lease.
Market Trends
Baldwin, WI spans 77.7 square miles in St. Croix County, Wisconsin. Figures below refresh monthly; last updated 30 September 2026.
Office
Office vacancy in Baldwin, 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 Baldwin, WI runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Baldwin, 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 Baldwin, WI runs 8% across the Midwest region in 2025, up from 6.5% in 2022.
Vacancy Rate % in Midwest region
Market overview
Demographics & Economy
Baldwin, WI has 6,741 residents in 2,636 households. Density runs 87 people per square mile. Median household income here is $84,879 and median gross rent $1,200 a month.
6,741
Population
2,636
Households
2.6
Avg Household Size
38
Median Age
33%
College-Educated
97%
High-School Grad
77.7 sq mi
ZIP Area
87
Density / Sq Mi
$84,879
Median Household Income
$51,933
Median Earnings
$1,200
Median Rent
$275,600
Median Home Value
Tools
Frequently Asked Questions
What is the average price per square foot for commercial property in Baldwin?
Commercial property in Baldwin, WI asks an average of $506 per square foot.
How much does it cost to lease commercial space in Baldwin?
Asking lease rates in Baldwin, WI average $9.95 per square foot per year.
Where does Realmo's Baldwin market data come from?
Realmo compiles Baldwin, WI figures from 5 recent recorded sales, 20 active sale listings, 12 active lease listings, 30 tracked off-market properties. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 20 active for-sale and 12 active for-lease listings in Baldwin, 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 30 September 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 30 September 2026 · report a data issue
