Commercial Real Estate Market in Prescott, WI
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
5 active listings and 280 off-market properties in Prescott, WI.
Market Trends
Prescott, WI spans 43.6 square miles in Pierce County, Wisconsin. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Prescott, 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 Prescott, WI runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Prescott, 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 Prescott, 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 44.5%
- Industrial 21.3%
- Agricultural 12.1%
- Commercial 8.5%
- Special 8%
- Civic 4%
- Planned_development 1.7%
Largest Zones share of zoned land by district
Mixed Residential
Mixed Industrial Commercial
Agricultural
Single Family Residential
Preservation
Prescott, WI zones 1,483 acres across 18 districts. Commercial zoning covers 8.5% of zoned land, residential 44.5% and industrial 21.3%. The largest single district is Mixed Residential at 29.7%. For commercial buyers the practical constraint is that only 29.7% of land carries a commercial or industrial designation.
Mixed Residential (R-1)
Mixed Residential District R-1 (MR). A. Purpose. The Mixed Residential District is intended to provide a quiet, pleasant living area protected from traffic, congestion and incompatible land uses. This District is designed to maintain compact residential development near existing residential areas and presently served or readily serviceable by public sewer an…
Market overview
Demographics & Economy
Prescott, WI has 6,934 residents in 3,183 households. Density runs 159 people per square mile. Median household income here is $107,096 and median gross rent $1,285 a month.
6,934
Population
3,183
Households
2.2
Avg Household Size
41
Median Age
37%
College-Educated
95%
High-School Grad
43.6 sq mi
ZIP Area
159
Density / Sq Mi
$107,096
Median Household Income
$50,898
Median Earnings
$1,285
Median Rent
$344,600
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Hastings | — | $14.17 |
| Cottage Grove | — | — |
| Vermillion | — | — |
| Miesville | — | — |
Commercial property in Prescott, WI asks $42/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Prescott?
Commercial property in Prescott, WI asks an average of $42 per square foot.
What zoning applies to commercial property in Prescott?
Prescott, WI zones 1,483 acres across 18 districts, of which 8.5% is commercial and 21.3% industrial. The largest single district is Mixed Residential at 29.7% of zoned land. Mixed Residential District R-1 (MR). A. Purpose. The Mixed Residential District is intended to provide a quiet, pleasant living area protected from traffic, congestion and incompatible land uses. This District is designed to maintain compact residential development near existing residential areas and presently served or readily serviceable by public sewer an… Residential zoning covers 44.5% and open space 0%.
Where does Realmo's Prescott market data come from?
Realmo compiles Prescott, WI figures from 7 recent recorded sales, 5 active sale listings, 280 tracked off-market properties, the current Prescott 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 Prescott, 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: 1,483 zoned acres across 18 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
