Commercial Real Estate Market in Goodhue, MN
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
1 active listing and 101 off-market properties in Goodhue, MN.
Market Trends
Goodhue, MN spans 116.9 square miles in Goodhue County, Minnesota. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Goodhue, 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 Goodhue, MN runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Goodhue, 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 Goodhue, MN runs 8% across the Midwest region in 2025, up from 6.5% in 2022.
Vacancy Rate % in Midwest region
Market overview
Demographics & Economy
Goodhue, MN has 3,089 residents in 1,028 households. Density runs 26 people per square mile. Median household income here is $92,857 and median gross rent $941 a month.
3,089
Population
1,028
Households
3
Avg Household Size
36
Median Age
22%
College-Educated
94%
High-School Grad
116.9 sq mi
ZIP Area
26
Density / Sq Mi
$92,857
Median Household Income
$49,948
Median Earnings
$941
Median Rent
$290,400
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Bellechester | — | — |
| Zumbrota | — | — |
| Mazeppa | — | — |
| Wanamingo | — | — |
Commercial property in Goodhue, MN asks $99/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Goodhue?
Commercial property in Goodhue, MN asks an average of $99 per square foot. The 3 most recent recorded sales traded at a median of $67/SF, so asking sits 48% above the achieved median.
Where does Realmo's Goodhue market data come from?
Realmo compiles Goodhue, MN figures from 5 recent recorded sales, 1 active sale listings, 101 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 1 active for-sale and 0 active for-lease listings in Goodhue, 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
