Commercial Real Estate Market in Hayward, WI
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
20 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 October 2026.
Office
Office vacancy in Hayward, WI runs 21.3% across the Midwest region in 2025, up from 13.7% in 2019.
Retail
Retail space in Hayward, WI has a median asking sale price of $117/SF (based on 6 listings). Vacancy runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
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%.
Multifamily
Multifamily space in Hayward, WI has a median asking sale price of $124/SF (based on 3 listings). Vacancy runs 8% across the Midwest region in 2025, up from 6.5% in 2022.
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
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.
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.
Tools
Frequently Asked Questions
What is the median price per square foot for commercial property in Hayward?
What zoning applies to commercial property in Hayward?
Where does Realmo's Hayward market data come from?
Methodology & data sources
- Asking prices and medians
- There are 20 active for-sale and 0 active for-lease listings in Hayward, WI. The sale median is based on 19 of the for-sale listings that state a price per square foot; too few for-lease listings state a rent per square foot for a rent median. These are ASKING figures from live listings, not closed-transaction prices, and a figure resting on fewer than 10 listings says so where it is quoted.
- 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 October 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 October 2026 · How Realmo checks market page data · Report a data issue
