Commercial Real Estate Market in Morris, MN
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
4 active listings and 350 off-market properties in Morris, MN.
Market Trends
Morris, MN spans 194.3 square miles in Stevens County, Minnesota. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Morris, 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 Morris, MN runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Morris, 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 Morris, 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
- Civic 30.2%
- Residential 27.1%
- Industrial 16.5%
- Commercial 1.1%
Largest Zones share of zoned land by district
Farm Residence
Municipal Conservancy
Single And Two Family Residence
Highway Business
Heavy Industrial
Farm Residence (RF)
The RF, Farm Residence District, is intended to provide a district which will allow suitable areas of the city to be retained and utilized in open space or agricultural uses and will secure economy in government expenditures for utilities and service.
Market overview
Demographics & Economy
Morris, MN has 6,647 residents in 2,809 households. Density runs 34 people per square mile. Median household income here is $70,000 and median gross rent $848 a month.
6,647
Population
2,809
Households
2.4
Avg Household Size
33
Median Age
35%
College-Educated
92%
High-School Grad
194.3 sq mi
ZIP Area
34
Density / Sq Mi
$70,000
Median Household Income
$37,955
Median Earnings
$848
Median Rent
$201,900
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Alberta | — | — |
| Hancock | — | — |
| Cyrus | — | — |
| Donnelly | — | — |
Commercial property in Morris, MN asks $1,646/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Morris?
Commercial property in Morris, MN asks an average of $1,646 per square foot.
Where does Realmo's Morris market data come from?
Realmo compiles Morris, MN figures from 4 active sale listings, 350 tracked off-market properties, the current Morris zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 4 active for-sale and 0 active for-lease listings in Morris, 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: 6,289 zoned acres across 9 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
