Commercial Real Estate Market in Ruthton, MN
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
Market Trends
Ruthton, MN spans 62.6 square miles in Pipestone County, Minnesota. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Ruthton, 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 Ruthton, MN runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Ruthton, 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 Ruthton, 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 77.1%
- Industrial 16.9%
- Special 6%
Largest Zones share of zoned land by district
Agriculture
Residential
Commercial
Industrial
Flood Plain
Ruthton, MN zones 371 acres across 5 districts. The largest single district is Agriculture at 52.7%. For commercial buyers the practical constraint is that only 16.9% of land carries a commercial or industrial designation.
Market overview
Demographics & Economy
Ruthton, MN has 549 residents in 264 households. Density runs 9 people per square mile. Median household income here is $54,821 and median gross rent $824 a month.
549
Population
264
Households
2.1
Avg Household Size
44
Median Age
13%
College-Educated
92%
High-School Grad
62.6 sq mi
ZIP Area
9
Density / Sq Mi
$54,821
Median Household Income
$38,043
Median Earnings
$824
Median Rent
$101,000
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Florence | — | — |
| Tyler | — | — |
| Holland | — | — |
| Lake Benton | — | — |
Frequently Asked Questions
What zoning applies to commercial property in Ruthton?
Ruthton, MN zones 371 acres across 5 districts, of which 0% is commercial and 16.9% industrial. The largest single district is Agriculture at 52.7% of zoned land. Residential zoning covers 77.1% and open space 0%.
Methodology & data sources
- 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: 371 zoned acres across 5 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
