Commercial Real Estate Market in Markesan, WI
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
14 active listings and 191 off-market properties in Markesan, WI.
Market Trends
Markesan, WI spans 127.6 square miles in Green Lake County, Wisconsin. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Markesan, 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 Markesan, WI runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Markesan, 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 Markesan, 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 86.1%
- Commercial 7.1%
- Industrial 6.8%
Largest Zones share of zoned land by district
Agricultural District
Single Family Residential District
Multifamily Residential District
Industrial District
General Commercial District
Markesan, WI zones 1,503 acres across 8 districts. Commercial zoning covers 7.1% of zoned land, residential 86.1% and industrial 6.8%. The largest single district is Agricultural District at 59.1%. For commercial buyers the practical constraint is that only 13.9% of land carries a commercial or industrial designation.
General Commercial District (C-1)
Manufactured Homes § 400-47 Statutory authorization. § 400-48 Purpose. § 400-49 Definitions. § 400-50 State statutes adopted. § 400-51 Compliance. § 400-52 Exceptions. § 400-53 Variances. § 400-54 Reference. Article XII C-1 General Commercial District § 400-55 Intent. § 400-56 Permitted uses. § 400-57 Conditional uses. § 400-58 Additional restrictions. § 400…
Market overview
Demographics & Economy
Markesan, WI has 4,239 residents in 2,596 households. Density runs 33 people per square mile. Median household income here is $73,250 and median gross rent $736 a month.
4,239
Population
2,596
Households
1.6
Avg Household Size
47
Median Age
23%
College-Educated
91%
High-School Grad
127.6 sq mi
ZIP Area
33
Density / Sq Mi
$73,250
Median Household Income
$45,044
Median Earnings
$736
Median Rent
$233,000
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Manchester | — | — |
| Fairwater | — | — |
| Kingston | — | — |
| Friesland | — | — |
Commercial property in Markesan, WI asks $10/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Markesan?
Commercial property in Markesan, WI asks an average of $10 per square foot.
What zoning applies to commercial property in Markesan?
Markesan, WI zones 1,503 acres across 8 districts, of which 7.1% is commercial and 6.8% industrial. The largest single district is Agricultural District at 59.1% of zoned land. Residential zoning covers 86.1% and open space 0%.
Where does Realmo's Markesan market data come from?
Realmo compiles Markesan, WI figures from 7 recent recorded sales, 13 active sale listings, 1 active lease listings, 191 tracked off-market properties, the current Markesan zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 13 active for-sale and 1 active for-lease listings in Markesan, 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: 1,503 zoned acres across 8 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
