Commercial Real Estate Market in Waupaca, WI
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
67 active listings and 654 off-market properties in Waupaca, WI.
Market Trends
Waupaca, WI spans 131.6 square miles in Waupaca County, Wisconsin. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Waupaca, 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 Waupaca, WI runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Waupaca, 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 Waupaca, 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 47.7%
- Industrial 25.1%
- Commercial 15.5%
- Civic 9.1%
- Planned_development 2.1%
Largest Zones share of zoned land by district
Single Family Residential District
Agricultural District
Heavy Industrial District
Strip Commercial District
Multifamily Residential District
Waupaca, WI zones 5,126 acres across 17 districts. Commercial zoning covers 15.5% of zoned land, residential 47.7% and industrial 25.1%. The largest single district is Single Family Residential District at 22.3%. For commercial buyers the practical constraint is that only 40.7% of land carries a commercial or industrial designation.
Single Family Residential District (R-1)
No person shall keep chickens in R-1 and R-2 District without obtaining a valid permit issued by the Community and Economic Development Department and registered with the Wisconsin Department of Agriculture, Trade and Consumer Protection “Livestock Premises Registration Application ”. The permit process requires a completed Permit to Keep Chickens accompanie…
Market overview
Demographics & Economy
Waupaca, WI has 14,998 residents in 8,253 households. Density runs 114 people per square mile. Median household income here is $76,821 and median gross rent $800 a month.
14,998
Population
8,253
Households
1.8
Avg Household Size
47
Median Age
28%
College-Educated
94%
High-School Grad
131.6 sq mi
ZIP Area
114
Density / Sq Mi
$76,821
Median Household Income
$45,326
Median Earnings
$800
Median Rent
$204,100
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| King | — | — |
| Ogdensburg | — | — |
| Scandinavia | — | — |
| Weyauwega | — | — |
Commercial property in Waupaca, WI asks $206/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Waupaca?
Commercial property in Waupaca, WI asks an average of $206 per square foot.
What zoning applies to commercial property in Waupaca?
Waupaca, WI zones 5,126 acres across 17 districts, of which 15.5% is commercial and 25.1% industrial. The largest single district is Single Family Residential District at 22.3% of zoned land. No person shall keep chickens in R-1 and R-2 District without obtaining a valid permit issued by the Community and Economic Development Department and registered with the Wisconsin Department of Agriculture, Trade and Consumer Protection “Livestock Premises Registration Application ”. The permit process requires a completed Permit to Keep Chickens accompanie… Residential zoning covers 47.7% and open space 0%.
Where does Realmo's Waupaca market data come from?
Realmo compiles Waupaca, WI figures from 7 recent recorded sales, 66 active sale listings, 1 active lease listings, 654 tracked off-market properties, the current Waupaca zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 66 active for-sale and 1 active for-lease listings in Waupaca, 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: 5,126 zoned acres across 17 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
