Commercial Real Estate Market in Gibbon, MN
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
Market Trends
Gibbon, MN spans 111.3 square miles in Sibley County, Minnesota. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Gibbon, 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 Gibbon, MN runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Gibbon, 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 vacancy in Gibbon, MN 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
- Agricultural 36%
- Residential 35.8%
- Commercial 22.6%
- Industrial 5%
Largest Zones share of zoned land by district
Agricultural
General Residential
Highway Commercial
Industrial
Central Business
Agricultural (A)
The A zone is needed in order to protect the farm industry as a viable, long term use in those incorporated areas that are furthest from urban growth and associated services. This also promotes new urban growth to occur closer to services in an efficient manner
Market overview
Demographics & Economy
Gibbon, MN has 1,625 residents in 743 households. Density runs 15 people per square mile. Median household income here is $59,034 and median gross rent $1,010 a month.
1,625
Population
743
Households
2.2
Avg Household Size
42
Median Age
18%
College-Educated
94%
High-School Grad
111.3 sq mi
ZIP Area
15
Density / Sq Mi
$59,034
Median Household Income
$41,556
Median Earnings
$1,010
Median Rent
$137,000
Median Home Value
Tools
Nearby Markets
Frequently Asked Questions
Where does Realmo's Gibbon market data come from?
Realmo compiles Gibbon, MN figures from 3 recent recorded sales, 82 tracked off-market properties, the current Gibbon zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- 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: 511 zoned acres across 7 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
