Commercial Real Estate Market in Oak Park Heights, MN
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
5 active listings and 22 off-market properties in Oak Park Heights, MN.
Market Trends
Oak Park Heights, MN spans 79.2 square miles in Washington County, Minnesota. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Oak Park Heights, 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 Park Heights, 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 Park Heights, 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 Oak Park Heights, MN runs 8% across the Midwest region in 2025, up from 6.5% in 2022.
Vacancy Rate % in Midwest region
Market overview
Demographics & Economy
Oak Park Heights, MN has 36,441 residents in 15,493 households. Density runs 460 people per square mile. Median household income here is $117,538 and median gross rent $1,439 a month.
36,441
Population
15,493
Households
2.4
Avg Household Size
46
Median Age
53%
College-Educated
97%
High-School Grad
79.2 sq mi
ZIP Area
460
Density / Sq Mi
$117,538
Median Household Income
$58,615
Median Earnings
$1,439
Median Rent
$459,500
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Bayport | — | — |
| Stillwater | — | — |
| North Hudson | — | — |
| Hudson | — | — |
Commercial property in Oak Park Heights, MN asks $862/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Oak Park Heights?
Commercial property in Oak Park Heights, MN asks an average of $862 per square foot.
Where does Realmo's Oak Park Heights market data come from?
Realmo compiles Oak Park Heights, MN figures from 2 recent recorded sales, 2 active sale listings, 3 active lease listings, 22 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 2 active for-sale and 3 active for-lease listings in Oak Park Heights, 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
