Commercial Real Estate Market in Neenah, WI
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
68 active listings and 1,375 off-market properties in Neenah, WI.
Market Trends
Neenah, WI spans 61.7 square miles in Winnebago County, Wisconsin. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Neenah, 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 Neenah, WI runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Neenah, 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 space in Neenah, WI asks $115/SF to buy. Vacancy runs 8% across the Midwest region in 2025, up from 6.5% in 2022.
Average Sale Price $/SF
Listings
Vacancy Rate % in Midwest region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 60.7%
- Industrial 24.1%
- Commercial 8.5%
- Planned_development 4.6%
- Civic 2.1%
Largest Zones share of zoned land by district
Single Family Residence District
Planned Business Center District
General Industrial District
Two Family Residence District
General Commercial District
Neenah, WI zones 6,250 acres across 10 districts. Commercial zoning covers 8.5% of zoned land, residential 60.7% and industrial 24.1%. The largest single district is Single Family Residence District at 51.2%. For commercial buyers the practical constraint is that only 32.6% of land carries a commercial or industrial designation.
Single Family Residence District (R1)
This district is intended to provide for low density single-family residential development and to restrict the development of uses that generate high volumes of noise and traffic.
Market overview
Demographics & Economy
Neenah, WI has 46,316 residents in 20,104 households. Density runs 751 people per square mile. Median household income here is $81,386 and median gross rent $1,005 a month.
46,316
Population
20,104
Households
2.3
Avg Household Size
40
Median Age
38%
College-Educated
96%
High-School Grad
61.7 sq mi
ZIP Area
751
Density / Sq Mi
$81,386
Median Household Income
$49,445
Median Earnings
$1,005
Median Rent
$238,200
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Menasha | — | — |
| Appleton | — | — |
| Winnebago | — | — |
| Kimberly | — | — |
Commercial property in Neenah, WI asks $78/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Neenah?
Commercial property in Neenah, WI asks an average of $78 per square foot. Multifamily carries the highest asking price at $115/SF.
What zoning applies to commercial property in Neenah?
Neenah, WI zones 6,250 acres across 10 districts, of which 8.5% is commercial and 24.1% industrial. The largest single district is Single Family Residence District at 51.2% of zoned land. This district is intended to provide for low density single-family residential development and to restrict the development of uses that generate high volumes of noise and traffic. Residential zoning covers 60.7% and open space 0%.
Where does Realmo's Neenah market data come from?
Realmo compiles Neenah, WI figures from 7 recent recorded sales, 52 active sale listings, 16 active lease listings, 1,375 tracked off-market properties, the current Neenah zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 52 active for-sale and 16 active for-lease listings in Neenah, 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: 6,250 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
