Commercial Real Estate Market in Hayward, WI
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
64 active listings and 945 off-market properties in Hayward, WI.
Market Trends
Hayward, WI spans 440.6 square miles in Sawyer County, Wisconsin. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Hayward, 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 Hayward, WI runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Hayward, 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 Hayward, 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
- Commercial 43.9%
- Residential 43%
- Industrial 12.3%
- Special 0.5%
- Open space 0.4%
Largest Zones share of zoned land by district
Residential One
Commercial One
Industrial One
Agricultural One
Commercial Two
Hayward, WI zones 2,130 acres across 14 districts. Commercial zoning covers 43.9% of zoned land, residential 43%, open space 0.4% and industrial 12.3%. The largest single district is Residential One at 42.2%. For commercial buyers the practical constraint is that only 56.2% of land carries a commercial or industrial designation.
Residential One (R-1)
R-1: RESIDENTIAL DISTRICT This district provides for one-family and two family year round residential development protected from traffic hazards and the intrusion of incompatible land uses. It is intended to encourage such development around existing residential areas where soil conditions are suitable for such development and in those areas which can be eco…
Market overview
Demographics & Economy
Hayward, WI has 12,664 residents in 10,039 households. Density runs 29 people per square mile. Median household income here is $59,333 and median gross rent $687 a month.
12,664
Population
10,039
Households
1.3
Avg Household Size
50
Median Age
29%
College-Educated
94%
High-School Grad
440.6 sq mi
ZIP Area
29
Density / Sq Mi
$59,333
Median Household Income
$36,803
Median Earnings
$687
Median Rent
$233,500
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| LCO Commercial Cent | — | — |
| Springbrook | — | — |
| Stone Lake | — | — |
| Cable | — | — |
Commercial property in Hayward, WI asks $388/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Hayward?
Commercial property in Hayward, WI asks an average of $388 per square foot.
What zoning applies to commercial property in Hayward?
Hayward, WI zones 2,130 acres across 14 districts, of which 43.9% is commercial and 12.3% industrial. The largest single district is Residential One at 42.2% of zoned land. R-1: RESIDENTIAL DISTRICT This district provides for one-family and two family year round residential development protected from traffic hazards and the intrusion of incompatible land uses. It is intended to encourage such development around existing residential areas where soil conditions are suitable for such development and in those areas which can be eco… Residential zoning covers 43% and open space 0.4%.
Where does Realmo's Hayward market data come from?
Realmo compiles Hayward, WI figures from 64 active sale listings, 945 tracked off-market properties, the current Hayward zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 64 active for-sale and 0 active for-lease listings in Hayward, 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: 2,130 zoned acres across 14 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
