Commercial Real Estate Market in Jordan, MN
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
15 active listings and 237 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 October 2026.
Office
Office vacancy in Jordan, MN runs 21.3% across the Midwest region in 2025, up from 13.7% in 2019.
Retail
Retail vacancy in Jordan, MN runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
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%.
Multifamily
Multifamily vacancy in Jordan, MN runs 8% across the Midwest region in 2025, up from 6.5% in 2022.
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
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 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.
Tools
Frequently Asked Questions
What is the median price per square foot for commercial property in Jordan?
What zoning applies to commercial property in Jordan?
Where does Realmo's Jordan market data come from?
Methodology & data sources
- Asking prices and medians
- There are 12 active for-sale and 3 active for-lease listings in Jordan, MN. The sale median is based on 7 of the for-sale listings that state a price per square foot; too few for-lease listings state a rent per square foot for a rent median. These are ASKING figures from live listings, not closed-transaction prices, and a figure resting on fewer than 10 listings says so where it is quoted.
- 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 October 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 October 2026 · How Realmo checks market page data · Report a data issue
