Commercial Real Estate Market in Oronoco, MN
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
11 active listings and 77 off-market properties in Oronoco, MN.
Market Trends
Oronoco, MN spans 35.0 square miles in Olmsted County, Minnesota. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Oronoco, 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 Oronoco, MN runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Oronoco, 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 Oronoco, 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 86.8%
- Commercial 8.4%
- Industrial 4.3%
- Civic 0.6%
Largest Zones share of zoned land by district
Single Family Residential District
Highway Business District
Light Industrial Manufacturing District
Medium Density Residential District
Pedestrian Oriented Restricted Commercial District
Oronoco, MN zones 1,841 acres across 7 districts. Commercial zoning covers 8.4% of zoned land, residential 86.8% and industrial 4.3%. The largest single district is Single Family Residential District at 85.6%. For commercial buyers the practical constraint is that only 12.7% of land carries a commercial or industrial designation.
Single Family Residential District (R1)
The intent of R1 district is provide Single Family Residential District
Market overview
Demographics & Economy
Oronoco, MN has 3,805 residents in 1,307 households. Density runs 109 people per square mile. Median household income here is $122,120 and median gross rent $1,494 a month.
3,805
Population
1,307
Households
2.9
Avg Household Size
41
Median Age
47%
College-Educated
94%
High-School Grad
35 sq mi
ZIP Area
109
Density / Sq Mi
$122,120
Median Household Income
$70,494
Median Earnings
$1,494
Median Rent
$440,400
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Pine Island | — | — |
| Rochester | — | $15.12 |
| Mazeppa | — | — |
| Potsdam | — | — |
Frequently Asked Questions
What zoning applies to commercial property in Oronoco?
Oronoco, MN zones 1,841 acres across 7 districts, of which 8.4% is commercial and 4.3% industrial. The largest single district is Single Family Residential District at 85.6% of zoned land. The intent of R1 district is provide Single Family Residential District Residential zoning covers 86.8% and open space 0%.
Where does Realmo's Oronoco market data come from?
Realmo compiles Oronoco, MN figures from 6 recent recorded sales, 11 active sale listings, 77 tracked off-market properties, the current Oronoco zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 11 active for-sale and 0 active for-lease listings in Oronoco, 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: 1,841 zoned acres across 7 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
