Commercial Real Estate Market in Swanville, MN
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
Market Trends
Swanville, MN spans 67.2 square miles in Morrison County, Minnesota. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Swanville, 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 Swanville, MN runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Swanville, 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 Swanville, 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 54%
- Industrial 23%
- Civic 16.6%
- Commercial 2.3%
- Open space 0.6%
Largest Zones share of zoned land by district
Low Density Single Family Residential District
Industrial Park District
Medium Density Single Family Residential District
Public Use District
High Density Residential District
Swanville, MN zones 331 acres across 9 districts. Commercial zoning covers 2.3% of zoned land, residential 54%, open space 0.6% and industrial 23%. The largest single district is Low Density Single Family Residential District at 22.8%. For commercial buyers the practical constraint is that only 25.3% of land carries a commercial or industrial designation.
Low Density Single Family Residential District (R-2)
The purpose of this zoning district is to provide for general residential development of a lower density single family character served by individual septic treatment systems or municipal water and wastewater infrastructure.
Market overview
Demographics & Economy
Swanville, MN has 1,446 residents in 660 households. Density runs 22 people per square mile. Median household income here is $76,250 and median gross rent $760 a month.
1,446
Population
660
Households
2.2
Avg Household Size
45
Median Age
15%
College-Educated
96%
High-School Grad
67.2 sq mi
ZIP Area
22
Density / Sq Mi
$76,250
Median Household Income
$45,719
Median Earnings
$760
Median Rent
$241,400
Median Home Value
Tools
Nearby Markets
Frequently Asked Questions
What zoning applies to commercial property in Swanville?
Swanville, MN zones 331 acres across 9 districts, of which 2.3% is commercial and 23% industrial. The largest single district is Low Density Single Family Residential District at 22.8% of zoned land. The purpose of this zoning district is to provide for general residential development of a lower density single family character served by individual septic treatment systems or municipal water and wastewater infrastructure. Residential zoning covers 54% and open space 0.6%.
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: 331 zoned acres across 9 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
