Commercial Real Estate Market in Willow River, MN
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
10 active listings and 75 off-market properties in Willow River, MN.
Market Trends
Willow River, MN spans 86.6 square miles in Pine County, Minnesota. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Willow River, 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 Willow River, MN runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Willow River, 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 Willow River, MN runs 8% across the Midwest region in 2025, up from 6.5% in 2022.
Vacancy Rate % in Midwest region
Market overview
Demographics & Economy
Willow River, MN has 1,624 residents in 1,060 households. Density runs 19 people per square mile. Median household income here is $69,485 and median gross rent $785 a month.
1,624
Population
1,060
Households
1.5
Avg Household Size
45
Median Age
14%
College-Educated
93%
High-School Grad
86.6 sq mi
ZIP Area
19
Density / Sq Mi
$69,485
Median Household Income
$44,821
Median Earnings
$785
Median Rent
$223,900
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Rutledge | — | — |
| Sturgeon Lake | — | — |
| Askov | — | — |
| Finlayson | — | — |
Frequently Asked Questions
Where does Realmo's Willow River market data come from?
Realmo compiles Willow River, MN figures from 2 recent recorded sales, 10 active sale listings, 75 tracked off-market properties. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 10 active for-sale and 0 active for-lease listings in Willow River, 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.
- 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
