Commercial Real Estate Market in Mabel, MN
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
1 active listing and 88 off-market properties in Mabel, MN.
Market Trends
Mabel, MN spans 72.5 square miles in Fillmore County, Minnesota. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Mabel, 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 Mabel, MN runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Mabel, 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 Mabel, MN runs 8% across the Midwest region in 2025, up from 6.5% in 2022.
Vacancy Rate % in Midwest region
Market overview
Demographics & Economy
Mabel, MN has 1,480 residents in 677 households. Density runs 20 people per square mile. Median household income here is $69,615 and median gross rent $819 a month.
1,480
Population
677
Households
2.2
Avg Household Size
45
Median Age
17%
College-Educated
88%
High-School Grad
72.5 sq mi
ZIP Area
20
Density / Sq Mi
$69,615
Median Household Income
$40,608
Median Earnings
$819
Median Rent
$145,800
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Hesper | — | — |
| Burr Oak | — | — |
| Locust | — | — |
| Spring Grove | — | — |
Frequently Asked Questions
Where does Realmo's Mabel market data come from?
Realmo compiles Mabel, MN figures from 2 recent recorded sales, 1 active sale listings, 88 tracked off-market properties. 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 Mabel, 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.
- 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
