Commercial Real Estate Market in Oak Grove, MN
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
16 active listings and 97 off-market properties in Oak Grove, MN.
Market Trends
Oak Grove, MN spans 110.2 square miles in Anoka County, Minnesota. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Oak Grove, 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 Oak Grove, MN runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Oak Grove, 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 space in Oak Grove, MN asks $185/SF to buy. Vacancy runs 8% across the Midwest region in 2025, up from 6.5% in 2022.
Average Sale Price $/SF
Listings
Vacancy Rate % in Midwest region
Market overview
Demographics & Economy
Oak Grove, MN has 61,997 residents in 24,377 households. Density runs 562 people per square mile. Median household income here is $105,695 and median gross rent $1,447 a month.
61,997
Population
24,377
Households
2.5
Avg Household Size
39
Median Age
30%
College-Educated
96%
High-School Grad
110.2 sq mi
ZIP Area
562
Density / Sq Mi
$105,695
Median Household Income
$55,844
Median Earnings
$1,447
Median Rent
$345,706
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Bethel | — | — |
| Saint Francis | — | — |
| Nowthen | — | — |
| Ramsey | — | — |
Frequently Asked Questions
Where does Realmo's Oak Grove market data come from?
Realmo compiles Oak Grove, MN figures from 4 recent recorded sales, 16 active sale listings, 97 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 16 active for-sale and 0 active for-lease listings in Oak Grove, 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
