Commercial Real Estate Market in Ladysmith, WI
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
12 active listings and 334 off-market properties in Ladysmith, WI.
Market Trends
Ladysmith, WI spans 190.4 square miles in Rusk County, Wisconsin. Figures below refresh monthly; last updated 31 October 2026.
Office
Office space in Ladysmith, WI has a median asking sale price of $85/SF (based on 3 listings). Vacancy runs 21.3% across the Midwest region in 2025, up from 13.7% in 2019.
Retail
Retail space in Ladysmith, WI has a median asking sale price of $66/SF (based on 7 listings). Vacancy runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Industrial
Industrial vacancy in Ladysmith, 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 Ladysmith, WI has a median asking sale price of $66/SF (based on 4 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
- Residential 58%
- Industrial 27.8%
- Commercial 9.6%
- Open space 3.8%
- Planned_development 0.8%
Largest Zones share of zoned land by district
Ladysmith, WI zones 3,033 acres across 9 districts. Commercial zoning covers 9.6% of zoned land, residential 58%, open space 3.8% and industrial 27.8%. The largest single district is One Family Residential District at 45.6%. For commercial buyers the practical constraint is that only 37.4% of land carries a commercial or industrial designation.
The intent of R-1 district is to provide One Family Residential District
Market overview
Demographics & Economy
Ladysmith, WI has 5,784 residents in 3,132 households. Density runs 30 people per square mile. Median household income here is $55,328 and median gross rent $828 a month.
Tools
Frequently Asked Questions
What is the median price per square foot for commercial property in Ladysmith?
What zoning applies to commercial property in Ladysmith?
Where does Realmo's Ladysmith market data come from?
Methodology & data sources
- Asking prices and medians
- There are 12 active for-sale and 0 active for-lease listings in Ladysmith, WI. The sale median is based on 11 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: 3,033 zoned acres across 9 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
