Commercial Real Estate Market in Hillsboro, WI
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
9 active listings and 152 off-market properties in Hillsboro, WI.
Market Trends
Hillsboro, WI spans 140.6 square miles in Vernon County, Wisconsin. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Hillsboro, 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 Hillsboro, WI runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Hillsboro, 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 Hillsboro, 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
- Residential 42.2%
- Agricultural 20.1%
- Industrial 13.2%
- Open space 12.5%
- Commercial 9.7%
- Planned_development 2.4%
Largest Zones share of zoned land by district
Single Family Residential Low Density
Agricultural
Single Family Residential Medium Density
Industrial Park
Conservancy
Hillsboro, WI zones 769 acres across 13 districts. Commercial zoning covers 9.7% of zoned land, residential 42.2%, open space 12.5% and industrial 13.2%. The largest single district is Single Family Residential Low Density at 22.1%. For commercial buyers the practical constraint is that only 22.9% of land carries a commercial or industrial designation.
Single Family Residential Low Density (R1)
To provide the opportunity for construction and maintenance of single-family detached dwelling units at a low dwelling unit per acre density
Market overview
Demographics & Economy
Hillsboro, WI has 4,198 residents in 1,888 households. Density runs 30 people per square mile. Median household income here is $58,890 and median gross rent $739 a month.
4,198
Population
1,888
Households
2.2
Avg Household Size
37
Median Age
18%
College-Educated
85%
High-School Grad
140.6 sq mi
ZIP Area
30
Density / Sq Mi
$58,890
Median Household Income
$38,598
Median Earnings
$739
Median Rent
$180,800
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Union Center | — | — |
| Wonewoc | — | — |
| Elroy | — | — |
| Yuba | — | — |
Commercial property in Hillsboro, WI asks $75/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Hillsboro?
Commercial property in Hillsboro, WI asks an average of $75 per square foot.
What zoning applies to commercial property in Hillsboro?
Hillsboro, WI zones 769 acres across 13 districts, of which 9.7% is commercial and 13.2% industrial. The largest single district is Single Family Residential Low Density at 22.1% of zoned land. To provide the opportunity for construction and maintenance of single-family detached dwelling units at a low dwelling unit per acre density Residential zoning covers 42.2% and open space 12.5%.
Where does Realmo's Hillsboro market data come from?
Realmo compiles Hillsboro, WI figures from 5 recent recorded sales, 9 active sale listings, 152 tracked off-market properties, the current Hillsboro zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 9 active for-sale and 0 active for-lease listings in Hillsboro, 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: 769 zoned acres across 13 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
