Commercial Real Estate Market in Ridgeway, WI
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
5 active listings and 38 off-market properties in Ridgeway, WI.
Market Trends
Ridgeway, WI spans 35.0 square miles in Iowa County, Wisconsin. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Ridgeway, 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 Ridgeway, WI runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Ridgeway, 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 Ridgeway, 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
- Industrial 53.4%
- Residential 24.7%
- Agricultural 16.6%
- Commercial 5.3%
Largest Zones share of zoned land by district
Agricultural Preservation
Residential
Agricultural Transition
Agricultural Holding
Residential
Ridgeway, WI zones 727 acres across 9 districts. Commercial zoning covers 5.3% of zoned land, residential 24.7% and industrial 53.4%. The largest single district is Agricultural Preservation at 49.5%. For commercial buyers the practical constraint is that only 58.7% of land carries a commercial or industrial designation.
Agricultural Preservation (A-P)
The purpose of this district is to preserve those agricultural lands, woodlands, and wetlands where it has been determined that their highest and best uses are in long-term agriculture or wildlife habitat, and to prevent uneconomical scattering of residential, commercial, and industrial development in such areas.
Market overview
Demographics & Economy
Ridgeway, WI has 1,068 residents in 467 households. Density runs 31 people per square mile. Median household income here is $85,341 and median gross rent $900 a month.
1,068
Population
467
Households
2.3
Avg Household Size
46
Median Age
26%
College-Educated
95%
High-School Grad
35 sq mi
ZIP Area
31
Density / Sq Mi
$85,341
Median Household Income
$41,544
Median Earnings
$900
Median Rent
$231,000
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Barneveld | — | — |
| Dodgeville | — | — |
| Blue Mounds | — | — |
| Hollandale | — | — |
Frequently Asked Questions
What zoning applies to commercial property in Ridgeway?
Ridgeway, WI zones 727 acres across 9 districts, of which 5.3% is commercial and 53.4% industrial. The largest single district is Agricultural Preservation at 49.5% of zoned land. The purpose of this district is to preserve those agricultural lands, woodlands, and wetlands where it has been determined that their highest and best uses are in long-term agriculture or wildlife habitat, and to prevent uneconomical scattering of residential, commercial, and industrial development in such areas. Residential zoning covers 24.7% and open space 0%.
Where does Realmo's Ridgeway market data come from?
Realmo compiles Ridgeway, WI figures from 3 recent recorded sales, 5 active sale listings, 38 tracked off-market properties, the current Ridgeway 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 Ridgeway, 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: 727 zoned acres across 9 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
