Commercial Real Estate Market in Crandon, WI
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
21 active listings and 271 off-market properties in Crandon, WI.
Market Trends
Crandon, WI spans 122.8 square miles in Forest County, Wisconsin. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Crandon, 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 Crandon, WI runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Crandon, 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 Crandon, 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
- Agricultural 56%
- Residential 26.5%
- Commercial 10.7%
- Industrial 6.9%
Largest Zones share of zoned land by district
General Rural
Single Family Residential
General Commercial
General Industrial
Multifamily Residential
General Rural (GR)
Sec. 17.20. - GR General Rural District. (1) Intent. The GR district is designed to accommodate low-density development and farming or forestry operations in areas located within the city, but outside the urban service area. As the urban service area expands, it will become feasible to rezone some of this district in conformance with the comprehensive plan.…
Market overview
Demographics & Economy
Crandon, WI has 4,063 residents in 2,948 households. Density runs 33 people per square mile. Median household income here is $58,493 and median gross rent $570 a month.
4,063
Population
2,948
Households
1.4
Avg Household Size
44
Median Age
14%
College-Educated
92%
High-School Grad
122.8 sq mi
ZIP Area
33
Density / Sq Mi
$58,493
Median Household Income
$40,541
Median Earnings
$570
Median Rent
$165,900
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Cavour | — | — |
| Post Lake | — | — |
| Pelican Lake | — | — |
| Blackwell | — | — |
Commercial property in Crandon, WI asks $82/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Crandon?
Commercial property in Crandon, WI asks an average of $82 per square foot.
Where does Realmo's Crandon market data come from?
Realmo compiles Crandon, WI figures from 7 recent recorded sales, 21 active sale listings, 271 tracked off-market properties, the current Crandon zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 21 active for-sale and 0 active for-lease listings in Crandon, 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: 3,326 zoned acres across 8 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
