Commercial Real Estate Market in Mounds View, MN
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
5 active listings and 144 off-market properties in Mounds View, MN.
Market Trends
Mounds View, MN spans 17.5 square miles in Ramsey County, Minnesota. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Mounds View, 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 Mounds View, MN runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Mounds View, 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 Mounds View, MN runs 8% across the Midwest region in 2025, up from 6.5% in 2022.
Vacancy Rate % in Midwest region
Market overview
Demographics & Economy
Mounds View, MN has 46,728 residents in 17,956 households. Density runs 2,676 people per square mile. Median household income here is $93,823 and median gross rent $1,322 a month.
46,728
Population
17,956
Households
2.6
Avg Household Size
38
Median Age
48%
College-Educated
95%
High-School Grad
17.5 sq mi
ZIP Area
2,676
Density / Sq Mi
$93,823
Median Household Income
$47,676
Median Earnings
$1,322
Median Rent
$338,800
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Spring Lake Park | — | — |
| New Brighton | — | — |
| Lexington | — | — |
| Shoreview | — | — |
Commercial property in Mounds View, MN asks $51/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Mounds View?
Commercial property in Mounds View, MN asks an average of $51 per square foot. The 3 most recent recorded sales traded at a median of $102/SF.
Where does Realmo's Mounds View market data come from?
Realmo compiles Mounds View, MN figures from 4 recent recorded sales, 3 active sale listings, 2 active lease listings, 144 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 3 active for-sale and 2 active for-lease listings in Mounds View, 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
