Commercial Real Estate Market in Crystal, MN
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
6 active listings and 290 off-market properties in Crystal, MN.
Market Trends
Crystal, MN spans 29.8 square miles in Hennepin County, Minnesota. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Crystal, MN runs 21.3% across the Midwest region in 2025, up from 13.7% in 2019.
Vacancy Rate % in Midwest region
Retail
Retail vacancy in Crystal, MN runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Crystal, MN 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 space in Crystal, MN asks $176/SF to buy. Vacancy runs 8% across the Midwest region in 2025, up from 6.5% in 2022.
Average Sale Price $/SF
Listings
Vacancy Rate % in Midwest region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 77.2%
- Special 9.4%
- Commercial 8.9%
- Industrial 3%
- Mixed use 1.3%
- Planned_development 0.1%
Largest Zones share of zoned land by district
Low Density Residential
Airport
Commercial
Industrial
High Density Residential
Crystal, MN zones 3,654 acres across 9 districts. Commercial zoning covers 8.9% of zoned land, residential 77.2% and industrial 3%. The largest single district is Low Density Residential at 77.2%. For commercial buyers the practical constraint is that only 11.9% of land carries a commercial or industrial designation.
Low Density Residential (R-1)
The purpose of the R-1 Low density residential district is to provide for detached one family residential dwellings and directly related complimentary uses on a limited basis.
Market overview
Demographics & Economy
Crystal, MN has 114,294 residents in 47,894 households. Density runs 3,830 people per square mile. Median household income here is $78,998 and median gross rent $1,387 a month.
114,294
Population
47,894
Households
2.4
Avg Household Size
37
Median Age
36%
College-Educated
92%
High-School Grad
29.8 sq mi
ZIP Area
3,830
Density / Sq Mi
$78,998
Median Household Income
$47,930
Median Earnings
$1,387
Median Rent
$298,281
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Robbinsdale | — | — |
| New Hope | — | — |
| Brooklyn Park | — | — |
| Brooklyn Center | — | — |
Commercial property in Crystal, MN asks $200/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Crystal?
Commercial property in Crystal, MN asks an average of $200 per square foot. Multifamily carries the highest asking price at $176/SF.
What zoning applies to commercial property in Crystal?
Crystal, MN zones 3,654 acres across 9 districts, of which 8.9% is commercial and 3% industrial. The largest single district is Low Density Residential at 77.2% of zoned land. The purpose of the R-1 Low density residential district is to provide for detached one family residential dwellings and directly related complimentary uses on a limited basis. Residential zoning covers 77.2% and open space 0%.
Where does Realmo's Crystal market data come from?
Realmo compiles Crystal, MN figures from 6 recent recorded sales, 5 active sale listings, 1 active lease listings, 290 tracked off-market properties, the current Crystal 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 1 active for-lease listings in Crystal, MN. 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: 3,654 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
