Commercial Real Estate Market in Friendship, WI
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
48 active listings and 145 off-market properties in Friendship, WI.
Market Trends
Friendship, WI spans 121.4 square miles in Adams County, Wisconsin. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Friendship, 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 Friendship, WI runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Friendship, 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 Friendship, WI runs 8% across the Midwest region in 2025, up from 6.5% in 2022.
Vacancy Rate % in Midwest region
Market overview
Demographics & Economy
Friendship, WI has 4,214 residents in 4,342 households. Density runs 35 people per square mile. Median household income here is $46,563 and median gross rent $832 a month.
4,214
Population
4,342
Households
1
Avg Household Size
55
Median Age
13%
College-Educated
87%
High-School Grad
121.4 sq mi
ZIP Area
35
Density / Sq Mi
$46,563
Median Household Income
$32,614
Median Earnings
$832
Median Rent
$166,700
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Adams | — | — |
| Grand Marsh | — | — |
| Big Flats | — | — |
| Necedah | — | — |
Commercial property in Friendship, WI asks $186/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Friendship?
Commercial property in Friendship, WI asks an average of $186 per square foot.
Where does Realmo's Friendship market data come from?
Realmo compiles Friendship, WI figures from 5 recent recorded sales, 48 active sale listings, 145 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 48 active for-sale and 0 active for-lease listings in Friendship, 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
