Commercial Real Estate Market in Jordan, MN
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
30 active listings and 238 off-market properties in Jordan, MN.
Market Trends
Jordan, MN spans 67.6 square miles in Scott County, Minnesota. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Jordan, 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 Jordan, MN runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Jordan, 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 Jordan, 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
- Residential 39.5%
- Commercial 34.3%
- Industrial 15.2%
- Open space 6.6%
Largest Zones share of zoned land by district
Single Family Residential
Medium Density Residential Single Family
Highway Commercial
Light Industrial
Multiple Family Residential
Jordan, MN zones 2,402 acres across 12 districts. Commercial zoning covers 34.3% of zoned land, residential 39.5%, open space 6.6% and industrial 15.2%. The largest single district is Single Family Residential at 29.5%. For commercial buyers the practical constraint is that only 49.4% of land carries a commercial or industrial designation.
Single Family Residential (R-1)
SINGLE-FAMILY RESIDENTIAL DISTRICT (R-1) Share Download Bookmark Print § 154.081 PURPOSE. This district is established to allow and preserve areas of quiet, low-density neighborhoods of single-family homes. (Ord. 2013-05, passed 5-20-2013) Share Download Bookmark Print
Market overview
Demographics & Economy
Jordan, MN has 10,020 residents in 3,503 households. Density runs 148 people per square mile. Median household income here is $112,923 and median gross rent $1,128 a month.
10,020
Population
3,503
Households
2.9
Avg Household Size
38
Median Age
29%
College-Educated
92%
High-School Grad
67.6 sq mi
ZIP Area
148
Density / Sq Mi
$112,923
Median Household Income
$55,302
Median Earnings
$1,128
Median Rent
$379,700
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Carver | — | — |
| Belle Plaine | — | — |
| Chaska | — | — |
| New Prague | — | — |
Commercial property in Jordan, MN asks $363/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Jordan?
Commercial property in Jordan, MN asks an average of $363 per square foot. The 4 most recent recorded sales traded at a median of $96/SF, so asking sits 277% above the achieved median.
What zoning applies to commercial property in Jordan?
Jordan, MN zones 2,402 acres across 12 districts, of which 34.3% is commercial and 15.2% industrial. The largest single district is Single Family Residential at 29.5% of zoned land. SINGLE-FAMILY RESIDENTIAL DISTRICT (R-1) Share Download Bookmark Print § 154.081 PURPOSE. This district is established to allow and preserve areas of quiet, low-density neighborhoods of single-family homes. (Ord. 2013-05, passed 5-20-2013) Share Download Bookmark Print Residential zoning covers 39.5% and open space 6.6%.
Where does Realmo's Jordan market data come from?
Realmo compiles Jordan, MN figures from 7 recent recorded sales, 26 active sale listings, 4 active lease listings, 238 tracked off-market properties, the current Jordan zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 26 active for-sale and 4 active for-lease listings in Jordan, 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: 2,402 zoned acres across 12 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, industrial vacancy is reported at Midwest region level and asking prices run materially above recent closed pricing.
- 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
