Commercial Real Estate Market in Winsted, MN
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
3 active listings and 133 off-market properties in Winsted, MN.
Market Trends
Winsted, MN spans 23.9 square miles in McLeod County, Minnesota. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Winsted, 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 Winsted, MN runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Winsted, 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 Winsted, 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 60.6%
- Industrial 25.5%
- Special 6%
- Commercial 4.1%
- Open space 3.5%
Largest Zones share of zoned land by district
Single Family Residential District
Industrial District
Single Family Residential District
Airport District
Public Park Zoned R1
Winsted, MN zones 1,205 acres across 10 districts. Commercial zoning covers 4.1% of zoned land, residential 60.6%, open space 3.5% and industrial 25.5%. The largest single district is Single Family Residential District at 42.5%. For commercial buyers the practical constraint is that only 29.6% of land carries a commercial or industrial designation.
Single Family Residential District (R-1A)
It is the intent of this district to permit the development of low density single family detached and two family attached dwelling units and directly related, complementary uses in the developing areas of the community; to provide reasonable standards for such development; to avoid overcrowding; and to prohibit the use of land that would be incompatible with…
Market overview
Demographics & Economy
Winsted, MN has 2,849 residents in 1,277 households. Density runs 119 people per square mile. Median household income here is $72,901 and median gross rent $812 a month.
2,849
Population
1,277
Households
2.2
Avg Household Size
43
Median Age
15%
College-Educated
92%
High-School Grad
23.9 sq mi
ZIP Area
119
Density / Sq Mi
$72,901
Median Household Income
$44,167
Median Earnings
$812
Median Rent
$229,400
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Lester Prairie | — | — |
| Lester Pr | — | — |
| Howard Lake | — | — |
| New Germany | — | — |
Commercial property in Winsted, MN asks $68/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Winsted?
Commercial property in Winsted, MN asks an average of $68 per square foot. The 5 most recent recorded sales traded at a median of $55/SF, so asking sits 25% above the achieved median.
What zoning applies to commercial property in Winsted?
Winsted, MN zones 1,205 acres across 10 districts, of which 4.1% is commercial and 25.5% industrial. The largest single district is Single Family Residential District at 42.5% of zoned land. It is the intent of this district to permit the development of low density single family detached and two family attached dwelling units and directly related, complementary uses in the developing areas of the community; to provide reasonable standards for such development; to avoid overcrowding; and to prohibit the use of land that would be incompatible with… Residential zoning covers 60.6% and open space 3.5%.
Where does Realmo's Winsted market data come from?
Realmo compiles Winsted, MN figures from 6 recent recorded sales, 3 active sale listings, 133 tracked off-market properties, the current Winsted zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 3 active for-sale and 0 active for-lease listings in Winsted, 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: 1,205 zoned acres across 10 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
