Commercial Real Estate Market in Waterford, WI
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
21 active listings and 285 off-market properties in Waterford, WI.
Market Trends
Waterford, WI spans 45.7 square miles in Racine County, Wisconsin. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Waterford, 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 Waterford, WI runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Waterford, 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 Waterford, 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 45.7%
- Civic 14.7%
- Commercial 8.8%
- Industrial 7.5%
Largest Zones share of zoned land by district
Single Family Residence District
Planned Community District
Institutional District
Business And Commercial District
Single Family Residence District B
Institutional District (IN)
Shoreline setbacks. In every instance where an institutional district abuts shoreline, no structure or part of a structure may be built within 40 feet of the ordinary high water mark. (7) Height: Maximum 45 feet. (8) Exceptions to area requirements. (a) Substandard lots. Pursuant to Wis. Stats. § 66.10015 , any lot legally created before a revision of this c…
Market overview
Demographics & Economy
Waterford, WI has 18,761 residents in 8,211 households. Density runs 410 people per square mile. Median household income here is $100,896 and median gross rent $1,191 a month.
18,761
Population
8,211
Households
2.3
Avg Household Size
46
Median Age
32%
College-Educated
96%
High-School Grad
45.7 sq mi
ZIP Area
410
Density / Sq Mi
$100,896
Median Household Income
$55,769
Median Earnings
$1,191
Median Rent
$357,700
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Rochester | — | — |
| Big Bend | — | — |
| Honey Creek | — | — |
| Mukwonago | — | — |
Commercial property in Waterford, WI asks $167/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Waterford?
Commercial property in Waterford, WI asks an average of $167 per square foot.
Where does Realmo's Waterford market data come from?
Realmo compiles Waterford, WI figures from 7 recent recorded sales, 20 active sale listings, 1 active lease listings, 285 tracked off-market properties, the current Waterford zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 20 active for-sale and 1 active for-lease listings in Waterford, 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: 1,352 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
