Commercial Real Estate Market in Montello, WI
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
45 active listings and 234 off-market properties in Montello, WI.
Market Trends
Montello, WI spans 165.1 square miles in Marquette County, Wisconsin. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Montello, 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 Montello, WI runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Montello, 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 Montello, 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 67.8%
- Civic 18.5%
- Industrial 5.1%
- Commercial 3.4%
- Open space 3.3%
- Mixed use 1.9%
Largest Zones share of zoned land by district
Single Family Residential District
Institutional
Multifamily Residential District
General Commercial
Single Family Residential Small Lot
Montello, WI zones 1,231 acres across 12 districts. Commercial zoning covers 3.4% of zoned land, residential 67.8%, open space 3.3% and industrial 5.1%. The largest single district is Single Family Residential District at 49%. For commercial buyers the practical constraint is that only 8.5% of land carries a commercial or industrial designation.
Single Family Residential District (R-1)
The R-1 district accommodates single family detached homes and uses accessory to and compatible with single family homes. This district is generally applied to the vast majority of single family residential development in the City.
Market overview
Demographics & Economy
Montello, WI has 6,084 residents in 4,088 households. Density runs 37 people per square mile. Median household income here is $62,000 and median gross rent $797 a month.
6,084
Population
4,088
Households
1.5
Avg Household Size
51
Median Age
14%
College-Educated
91%
High-School Grad
165.1 sq mi
ZIP Area
37
Density / Sq Mi
$62,000
Median Household Income
$41,607
Median Earnings
$797
Median Rent
$202,200
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Packwaukee | — | — |
| Endeavor | — | — |
| Dalton | — | — |
| Princeton | — | — |
Commercial property in Montello, WI asks $305/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Montello?
Commercial property in Montello, WI asks an average of $305 per square foot.
What zoning applies to commercial property in Montello?
Montello, WI zones 1,231 acres across 12 districts, of which 3.4% is commercial and 5.1% industrial. The largest single district is Single Family Residential District at 49% of zoned land. The R-1 district accommodates single family detached homes and uses accessory to and compatible with single family homes. This district is generally applied to the vast majority of single family residential development in the City. Residential zoning covers 67.8% and open space 3.3%.
Where does Realmo's Montello market data come from?
Realmo compiles Montello, WI figures from 8 recent recorded sales, 45 active sale listings, 234 tracked off-market properties, the current Montello zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 45 active for-sale and 0 active for-lease listings in Montello, 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: 1,231 zoned acres across 12 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
