Commercial Real Estate Market in Pepin, WI
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
1 active listing and 108 off-market properties in Pepin, WI.
Market Trends
Pepin, WI spans 50.9 square miles in Pepin County, Wisconsin. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Pepin, 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 Pepin, WI runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Pepin, 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 Pepin, 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 61.8%
- Commercial 16.9%
- Industrial 12.2%
Largest Zones share of zoned land by district
Residential
Commercial
Light Industry
Public
Low Impact Commercial
Pepin, WI zones 445 acres across 5 districts. Commercial zoning covers 16.9% of zoned land, residential 61.8% and industrial 12.2%. The largest single district is Residential at 61.8%. For commercial buyers the practical constraint is that only 29% of land carries a commercial or industrial designation.
Market overview
Demographics & Economy
Pepin, WI has 1,442 residents in 791 households. Density runs 28 people per square mile. Median household income here is $84,375 and median gross rent $867 a month.
1,442
Population
791
Households
1.8
Avg Household Size
55
Median Age
26%
College-Educated
96%
High-School Grad
50.9 sq mi
ZIP Area
28
Density / Sq Mi
$84,375
Median Household Income
$44,805
Median Earnings
$867
Median Rent
$216,200
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Reads Landing | — | — |
| Lake City | — | — |
| Stockholm | — | — |
| Dumfries | — | — |
Frequently Asked Questions
What zoning applies to commercial property in Pepin?
Pepin, WI zones 445 acres across 5 districts, of which 16.9% is commercial and 12.2% industrial. The largest single district is Residential at 61.8% of zoned land. Residential zoning covers 61.8% and open space 0%.
Where does Realmo's Pepin market data come from?
Realmo compiles Pepin, WI figures from 1 active sale listings, 108 tracked off-market properties, the current Pepin zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 1 active for-sale and 0 active for-lease listings in Pepin, 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: 445 zoned acres across 5 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
