Commercial Real Estate Market in Walker, MN
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
23 active listings and 407 off-market properties in Walker, MN.
Market Trends
Walker, MN spans 91.8 square miles in Cass County, Minnesota. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Walker, 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 Walker, MN runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Walker, 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 Walker, 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 35.4%
- Civic 31%
- Commercial 15.6%
- Industrial 11.3%
- Open space 6.7%
Largest Zones share of zoned land by district
Public
Low Density Residential
Traditional Residential
Transitional Commercial
Parks And Recreation
Public (P)
Public uses of land not oriented towards recreation and open space. Typical uses may include federal, state or local government offices, schools or utilities
Market overview
Demographics & Economy
Walker, MN has 3,517 residents in 2,592 households. Density runs 38 people per square mile. Median household income here is $64,688 and median gross rent $625 a month.
3,517
Population
2,592
Households
1.4
Avg Household Size
52
Median Age
32%
College-Educated
94%
High-School Grad
91.8 sq mi
ZIP Area
38
Density / Sq Mi
$64,688
Median Household Income
$35,024
Median Earnings
$625
Median Rent
$292,900
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Ah Gwah Ching | — | — |
| Shingobee | — | — |
| Onigum | — | — |
| Benedict | — | — |
Commercial property in Walker, MN asks $148/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Walker?
Commercial property in Walker, MN asks an average of $148 per square foot.
Where does Realmo's Walker market data come from?
Realmo compiles Walker, MN figures from 21 active sale listings, 2 active lease listings, 407 tracked off-market properties, the current Walker zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 21 active for-sale and 2 active for-lease listings in Walker, 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: 1,588 zoned acres across 11 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
