Commercial Real Estate Market in Crystal, MN
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
11 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 October 2026.
Office
Office vacancy in Crystal, MN runs 21.3% across the Midwest region in 2025, up from 13.7% in 2019.
Retail
Retail vacancy in Crystal, MN runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
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%.
Multifamily
Multifamily vacancy in Crystal, MN runs 8% across the Midwest region in 2025, up from 6.5% in 2022.
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
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.
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.
Tools
Frequently Asked Questions
What is the median price per square foot for commercial property in Crystal?
What zoning applies to commercial property in Crystal?
Where does Realmo's Crystal market data come from?
Methodology & data sources
- Asking prices and medians
- There are 9 active for-sale and 2 active for-lease listings in Crystal, MN. The sale median is based on 4 of the for-sale listings that state a price per square foot; too few for-lease listings state a rent per square foot for a rent median. These are ASKING figures from live listings, not closed-transaction prices, and a figure resting on fewer than 10 listings says so where it is quoted.
- 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 October 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 October 2026 · How Realmo checks market page data · Report a data issue
