Commercial Real Estate Market in Hawley, MN
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
11 active listings and 181 off-market properties in Hawley, MN.
Market Trends
Hawley, MN spans 206.3 square miles in Clay County, Minnesota. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Hawley, 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 Hawley, MN runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Hawley, 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 Hawley, 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
- Commercial 47.5%
- Residential 38.4%
- Industrial 7.6%
- Agricultural 6.5%
Largest Zones share of zoned land by district
Highway Commercial
Neighborhood Residential
Large Lot Residential
Heavy Industrial
Transition Zone
Hawley, MN zones 1,575 acres across 11 districts. Commercial zoning covers 47.5% of zoned land, residential 38.4% and industrial 7.6%. The largest single district is Highway Commercial at 43.1%. For commercial buyers the practical constraint is that only 55.1% of land carries a commercial or industrial designation.
Large Lot Residential (R-1)
B. Permitted Uses: The following are permitted uses in the R-1 district: 1. Single-family dwellings of new construction. 2. Two-family dwellings of new construction. 3. Daycare facilities for twelve (12) persons or less, residential daycare facilities serving six (6) or fewer persons and group family daycare facilities licensed under Minnesota rules, parts 9…
Market overview
Demographics & Economy
Hawley, MN has 5,075 residents in 1,866 households. Density runs 25 people per square mile. Median household income here is $100,326 and median gross rent $750 a month.
5,075
Population
1,866
Households
2.7
Avg Household Size
38
Median Age
36%
College-Educated
96%
High-School Grad
206.3 sq mi
ZIP Area
25
Density / Sq Mi
$100,326
Median Household Income
$54,047
Median Earnings
$750
Median Rent
$317,500
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Dale | — | — |
| Hitterdal | — | — |
| Rollag | — | — |
| Lake Park | — | — |
Commercial property in Hawley, MN asks $29/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Hawley?
Commercial property in Hawley, MN asks an average of $29 per square foot.
What zoning applies to commercial property in Hawley?
Hawley, MN zones 1,575 acres across 11 districts, of which 47.5% is commercial and 7.6% industrial. The largest single district is Highway Commercial at 43.1% of zoned land. Residential zoning covers 38.4% and open space 0%.
Where does Realmo's Hawley market data come from?
Realmo compiles Hawley, MN figures from 6 recent recorded sales, 11 active sale listings, 181 tracked off-market properties, the current Hawley zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 11 active for-sale and 0 active for-lease listings in Hawley, 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: 1,575 zoned acres across 11 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
