Commercial Real Estate Market in Litchfield, MN
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
8 active listings and 430 off-market properties in Litchfield, MN.
Market Trends
Litchfield, MN spans 171.7 square miles in Meeker County, Minnesota. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Litchfield, 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 Litchfield, MN runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Litchfield, 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 Litchfield, 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 77.6%
- Industrial 10.9%
- Commercial 10.1%
Largest Zones share of zoned land by district
Single Family Residence
Residence
General Industry
General Business
Limited Business
Litchfield, MN zones 2,755 acres across 10 districts. Commercial zoning covers 10.1% of zoned land, residential 77.6% and industrial 10.9%. The largest single district is Single Family Residence at 52.6%. For commercial buyers the practical constraint is that only 21% of land carries a commercial or industrial designation.
Single Family Residence (R-1)
The R-1 District includes areas reserved for single-family homes. Generally these are the undeveloped areas of the community or the areas that have developed with large residential lots. The intent of this district is to provide for future development of a similar nature and to protect the desired low intensity living environment from encroachment by potenti…
Market overview
Demographics & Economy
Litchfield, MN has 9,592 residents in 4,560 households. Density runs 56 people per square mile. Median household income here is $70,878 and median gross rent $929 a month.
9,592
Population
4,560
Households
2.1
Avg Household Size
43
Median Age
22%
College-Educated
95%
High-School Grad
171.7 sq mi
ZIP Area
56
Density / Sq Mi
$70,878
Median Household Income
$44,577
Median Earnings
$929
Median Rent
$210,200
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Darwin | — | — |
| Grove City | — | — |
| Dassel | — | — |
| Kingston | — | — |
Commercial property in Litchfield, MN asks $791/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Litchfield?
Commercial property in Litchfield, MN asks an average of $791 per square foot.
What zoning applies to commercial property in Litchfield?
Litchfield, MN zones 2,755 acres across 10 districts, of which 10.1% is commercial and 10.9% industrial. The largest single district is Single Family Residence at 52.6% of zoned land. The R-1 District includes areas reserved for single-family homes. Generally these are the undeveloped areas of the community or the areas that have developed with large residential lots. The intent of this district is to provide for future development of a similar nature and to protect the desired low intensity living environment from encroachment by potenti… Residential zoning covers 77.6% and open space 0%.
Where does Realmo's Litchfield market data come from?
Realmo compiles Litchfield, MN figures from 7 recent recorded sales, 7 active sale listings, 1 active lease listings, 430 tracked off-market properties, the current Litchfield zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 7 active for-sale and 1 active for-lease listings in Litchfield, 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: 2,755 zoned acres across 10 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
