Commercial Real Estate Market in Moorhead, MN
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
109 active listings and 1,001 off-market properties in Moorhead, MN.
Market Trends
Moorhead, MN spans 309.7 square miles in Clay County, Minnesota. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Moorhead, 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 Moorhead, MN runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Moorhead, 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 Moorhead, 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 37.4%
- Agricultural 16.6%
- Industrial 14.6%
- Open space 13.2%
- Civic 11.1%
- Mixed use 4.6%
- Commercial 2.5%
- Planned_development 0.1%
Largest Zones share of zoned land by district
Residential Low Density 2
Transitional
Public Open Space
Residential Low Density 1
Institutional
Transitional (TZ)
HAPTER 5 VARIANCES CHAPTER 6 PROVISIONAL USES CHAPTER 7 BOARD OF ADJUSTMENT AND APPEALS CHAPTER 8 ENFORCEMENT AND PENALTIES CHAPTER 9 SITE/BUILDING PLAN REVIEW CHAPTER 10 GENERAL BOUNDARIES AND MAP PROVISIONS CHAPTER 11 TZ TRANSITIONAL DISTRICT CHAPTER 12 RESIDENTIAL ZONING DISTRICTS CHAPTER 13 COMMERCIAL ZONING DISTRICTS CHAPTER 14 INDUSTRIAL ZONING DISTRIC…
Market overview
Demographics & Economy
Moorhead, MN has 48,393 residents in 20,393 households. Density runs 156 people per square mile. Median household income here is $72,481 and median gross rent $998 a month.
48,393
Population
20,393
Households
2.4
Avg Household Size
33
Median Age
41%
College-Educated
95%
High-School Grad
309.7 sq mi
ZIP Area
156
Density / Sq Mi
$72,481
Median Household Income
$41,318
Median Earnings
$998
Median Rent
$250,592
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Dilworth | — | — |
| Fargo | — | $14.04 |
| Prairie Rose | — | — |
| North River | — | — |
Commercial property in Moorhead, MN asks $17/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Moorhead?
Commercial property in Moorhead, MN asks an average of $17 per square foot.
Where does Realmo's Moorhead market data come from?
Realmo compiles Moorhead, MN figures from 8 recent recorded sales, 100 active sale listings, 9 active lease listings, 1,001 tracked off-market properties, the current Moorhead zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 100 active for-sale and 9 active for-lease listings in Moorhead, 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: 11,568 zoned acres across 18 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
