Commercial Real Estate Market in Harmony, MN
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
1 active listing and 154 off-market properties in Harmony, MN.
Market Trends
Harmony, MN spans 92.3 square miles in Fillmore County, Minnesota. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Harmony, 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 Harmony, MN runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Harmony, 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 Harmony, 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
- Civic 46.5%
- Residential 39.9%
- Industrial 13.6%
Largest Zones share of zoned land by district
Agriculture District
Residential 1 District
Industrial District
Residential 2 District
Commercial District
Residential 1 District (RES-1)
The purpose of this zoning district is to provide Single Family Dwelling, two Family Dwelling, Churches and accessory buildings, Public and Parochial Schools.
Market overview
Demographics & Economy
Harmony, MN has 2,155 residents in 972 households. Density runs 23 people per square mile. Median household income here is $66,087 and median gross rent $663 a month.
2,155
Population
972
Households
2.2
Avg Household Size
40
Median Age
19%
College-Educated
86%
High-School Grad
92.3 sq mi
ZIP Area
23
Density / Sq Mi
$66,087
Median Household Income
$36,169
Median Earnings
$663
Median Rent
$185,300
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Canton | — | — |
| Florenceville | — | — |
| Granger | — | — |
| Kendallville | — | — |
Commercial property in Harmony, MN asks $35/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Harmony?
Commercial property in Harmony, MN asks an average of $35 per square foot. The 4 most recent recorded sales traded at a median of $56/SF.
Where does Realmo's Harmony market data come from?
Realmo compiles Harmony, MN figures from 8 recent recorded sales, 1 active sale listings, 154 tracked off-market properties, the current Harmony zoning release. 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 Harmony, 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: 760 zoned acres across 5 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
