Commercial Real Estate Market in Golden Valley, MN
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
9 active listings and 423 off-market properties in Golden Valley, MN.
Market Trends
Golden Valley, MN spans 29.7 square miles in Hennepin County, Minnesota. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Golden Valley, 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 Golden Valley, MN runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Golden Valley, 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 Golden Valley, 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
Market overview
Demographics & Economy
Golden Valley, MN has 114,488 residents in 55,166 households. Density runs 3,857 people per square mile. Median household income here is $97,083 and median gross rent $1,570 a month.
114,488
Population
55,166
Households
2.1
Avg Household Size
38
Median Age
57%
College-Educated
96%
High-School Grad
29.7 sq mi
ZIP Area
3,857
Density / Sq Mi
$97,083
Median Household Income
$60,857
Median Earnings
$1,570
Median Rent
$369,895
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Saint Louis Park | — | — |
| Hopkins | — | — |
| Minnetonka | — | $19.74 |
| Minneapolis | — | $17.79 |
Commercial property in Golden Valley, MN asks $25/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Golden Valley?
Commercial property in Golden Valley, MN asks an average of $25 per square foot. Multifamily carries the highest asking price at $176/SF.
Where does Realmo's Golden Valley market data come from?
Realmo compiles Golden Valley, MN figures from 7 recent recorded sales, 4 active sale listings, 5 active lease listings, 423 tracked off-market properties. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 4 active for-sale and 5 active for-lease listings in Golden Valley, 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.
- 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
