Commercial Real Estate Market in Manawa, WI
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
5 active listings and 122 off-market properties in Manawa, WI.
Market Trends
Manawa, WI spans 65.6 square miles in Waupaca County, Wisconsin. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Manawa, 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 Manawa, WI runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Manawa, 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 Manawa, 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 37.7%
- Agricultural 24.8%
- Commercial 19.6%
- Industrial 16.2%
- Civic 1.6%
Largest Zones share of zoned land by district
One Family Residence District
General Agriculture District
Flood Plain
General Industrial District
Multiple Family Residence District
Manawa, WI zones 1,131 acres across 10 districts. Commercial zoning covers 19.6% of zoned land, residential 37.7% and industrial 16.2%. The largest single district is One Family Residence District at 31.9%. For commercial buyers the practical constraint is that only 35.8% of land carries a commercial or industrial designation.
General Agriculture District (AG)
General Agriculture District (AG). A. Uses permitted: (1) General farming, including dairying, livestock and poultry raising, forestry, nurseries, greenhouses and other similar enterprises or uses, except for farms and farms operated for the disposal or reduction of garbage, sewage, rubbish or offal. (2) One-family residence when for the purpose of providing…
Market overview
Demographics & Economy
Manawa, WI has 3,554 residents in 1,764 households. Density runs 54 people per square mile. Median household income here is $84,286 and median gross rent $835 a month.
3,554
Population
1,764
Households
2
Avg Household Size
43
Median Age
13%
College-Educated
94%
High-School Grad
65.6 sq mi
ZIP Area
54
Density / Sq Mi
$84,286
Median Household Income
$43,391
Median Earnings
$835
Median Rent
$192,200
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Ogdensburg | — | — |
| Weyauwega | — | — |
| New London | — | — |
| Bear Creek | — | — |
Commercial property in Manawa, WI asks $653/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Manawa?
Commercial property in Manawa, WI asks an average of $653 per square foot.
What zoning applies to commercial property in Manawa?
Manawa, WI zones 1,131 acres across 10 districts, of which 19.6% is commercial and 16.2% industrial. The largest single district is One Family Residence District at 31.9% of zoned land. Residential zoning covers 37.7% and open space 0%.
Where does Realmo's Manawa market data come from?
Realmo compiles Manawa, WI figures from 7 recent recorded sales, 5 active sale listings, 122 tracked off-market properties, the current Manawa zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 5 active for-sale and 0 active for-lease listings in Manawa, 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: 1,131 zoned acres across 10 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
