Commercial Real Estate Market in Skyline, MN
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
Market Trends
Skyline, MN spans 114.5 square miles in Blue Earth County, Minnesota. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Skyline, MN runs 21.3% across the Midwest region in 2025, up from 13.7% in 2019.
Retail
Retail vacancy in Skyline, MN runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Industrial
Industrial vacancy in Skyline, 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%.
Multifamily
Multifamily vacancy in Skyline, MN runs 8% across the Midwest region in 2025, up from 6.5% in 2022.
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 100%
Largest Zones share of zoned land by district
Skyline, MN zones 123 acres across 1 districts. The largest single district is Residential at 100%.
The purpose of the R-1, one family dwelling district, is to provide for low density residential development, The purpose of the R-2, one and two family dwelling district, is to provide for low and medium density residential development
Market overview
Demographics & Economy
Skyline, MN has 50,729 residents in 21,583 households. Density runs 443 people per square mile. Median household income here is $67,224 and median gross rent $1,088 a month.
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Mankato | — | $10.50 |
| North Mankato | — | $23.33 |
| Eagle Lake | — | — |
| Garden City | — | — |
Frequently Asked Questions
What zoning applies to commercial property in Skyline?
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: 123 zoned acres across 1 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
