Commercial Real Estate Market in Greenfield, WI
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
43 active listings and 532 off-market properties in Greenfield, WI. Commercial property asks $65/SF to buy and $20.92/SF/Yr to lease.
Market Trends
Greenfield, WI spans 24.9 square miles in Milwaukee County, Wisconsin. Figures below refresh monthly; last updated 31 August 2026.
Office
Office space in Greenfield, WI asks $41/SF to buy. Vacancy runs 21.3% across the Midwest region in 2025, up from 13.7% in 2019.
Average Sale Price $/SF
Listings
Vacancy Rate % in Midwest region
Retail
Retail space in Greenfield, WI asks $107/SF to buy. Vacancy runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Average Sale Price $/SF
Listings
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Greenfield, 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 space in Greenfield, WI asks $91/SF to buy. Vacancy runs 8% across the Midwest region in 2025, up from 6.5% in 2022.
Average Sale Price $/SF
Listings
Vacancy Rate % in Midwest region
Market overview
Demographics & Economy
Greenfield, WI has 116,695 residents in 52,514 households. Density runs 4,695 people per square mile. Median household income here is $67,999 and median gross rent $1,059 a month.
116,695
Population
52,514
Households
2.2
Avg Household Size
39
Median Age
27%
College-Educated
91%
High-School Grad
24.9 sq mi
ZIP Area
4,695
Density / Sq Mi
$67,999
Median Household Income
$45,097
Median Earnings
$1,059
Median Rent
$210,481
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| West Allis | — | — |
| Elm Grove | — | — |
| West Milwaukee | — | — |
| Seneca Corners | — | — |
Commercial property in Greenfield, WI asks $65/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Greenfield?
Commercial property in Greenfield, WI asks an average of $65 per square foot. The 3 most recent recorded sales traded at a median of $262/SF. Retail carries the highest asking price at $107/SF.
How much does it cost to lease commercial space in Greenfield?
Asking lease rates in Greenfield, WI average $20.92 per square foot per year.
Where does Realmo's Greenfield market data come from?
Realmo compiles Greenfield, WI figures from 6 recent recorded sales, 17 active sale listings, 26 active lease listings, 532 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 17 active for-sale and 26 active for-lease listings in Greenfield, 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
