Commercial Real Estate Market in Ramsey, MN
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
18 active listings and 284 off-market properties in Ramsey, MN.
Market Trends
Ramsey, MN spans 64.4 square miles in Anoka County, Minnesota. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Ramsey, 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 Ramsey, MN runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Ramsey, 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 Ramsey, 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
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 62.9%
- Civic 17.7%
- Planned_development 5.7%
- Agricultural 5.4%
- Industrial 3.9%
- Commercial 2.6%
- Mixed use 0.6%
Largest Zones share of zoned land by district
Rural Residential District
Parks And Open Space
Single Family Residential District
Planned Unit Development District
Municipal Urban Services Area Reserve District
Rural Residential District (RR)
The purpose of this urbanized district is to accommodate single family dwelling units on suitable land and shall be serviced by sanitary sewer and municipal water
Market overview
Demographics & Economy
Ramsey, MN has 51,480 residents in 20,317 households. Density runs 800 people per square mile. Median household income here is $101,351 and median gross rent $1,348 a month.
51,480
Population
20,317
Households
2.5
Avg Household Size
38
Median Age
31%
College-Educated
96%
High-School Grad
64.4 sq mi
ZIP Area
800
Density / Sq Mi
$101,351
Median Household Income
$54,788
Median Earnings
$1,348
Median Rent
$338,700
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Nowthen | — | — |
| Oak Grove | — | — |
| Anoka | — | — |
| Dayton | — | — |
Commercial property in Ramsey, MN asks $421/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Ramsey?
Commercial property in Ramsey, MN asks an average of $421 per square foot. The 4 most recent recorded sales traded at a median of $130/SF, so asking sits 223% above the achieved median. Multifamily carries the highest asking price at $185/SF.
Where does Realmo's Ramsey market data come from?
Realmo compiles Ramsey, MN figures from 5 recent recorded sales, 14 active sale listings, 4 active lease listings, 284 tracked off-market properties, the current Ramsey zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 14 active for-sale and 4 active for-lease listings in Ramsey, 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: 16,376 zoned acres across 23 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, industrial vacancy is reported at Midwest region level and asking prices run materially above recent closed pricing.
- 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
