Commercial Real Estate Market in Verndale, MN
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
Market Trends
Verndale, MN spans 141.1 square miles in Wadena County, Minnesota. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Verndale, 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 Verndale, MN runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Verndale, 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 Verndale, 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 76.7%
- Commercial 23.3%
Largest Zones share of zoned land by district
Residential
Commercial
Verndale, MN zones 659 acres across 2 districts. Commercial zoning covers 23.3% of zoned land, residential 76.7%. The largest single district is Residential at 76.7%. For commercial buyers the practical constraint is that only 23.3% of land carries a commercial or industrial designation.
Residential (R)
This district is intended to establish an area of primarily residential uses and single family dwellings
Market overview
Demographics & Economy
Verndale, MN has 1,972 residents in 1,072 households. Density runs 14 people per square mile. Median household income here is $69,688 and median gross rent $585 a month.
1,972
Population
1,072
Households
1.8
Avg Household Size
41
Median Age
16%
College-Educated
93%
High-School Grad
141.1 sq mi
ZIP Area
14
Density / Sq Mi
$69,688
Median Household Income
$39,205
Median Earnings
$585
Median Rent
$165,600
Median Home Value
Tools
Nearby Markets
Frequently Asked Questions
What zoning applies to commercial property in Verndale?
Verndale, MN zones 659 acres across 2 districts, of which 23.3% is commercial and 0% industrial. The largest single district is Residential at 76.7% of zoned land. This district is intended to establish an area of primarily residential uses and single family dwellings Residential zoning covers 76.7% and open space 0%.
Where does Realmo's Verndale market data come from?
Realmo compiles Verndale, MN figures from 5 recent recorded sales, 52 tracked off-market properties, the current Verndale zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
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: 659 zoned acres across 2 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
