Commercial Real Estate Market in Worthington, MN
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
15 active listings and 574 off-market properties in Worthington, MN.
Market Trends
Worthington, MN spans 168.7 square miles in Nobles County, Minnesota. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Worthington, 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 Worthington, MN runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Worthington, 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 Worthington, 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 38.8%
- Commercial 19.1%
- Agricultural 14.1%
- Industrial 10.4%
- Civic 6%
- Planned_development 5.6%
- Open space 0.1%
Largest Zones share of zoned land by district
General Business District
One Family Detached
Transition Zone District
Low Density Preservation Residential District
General Manufacturing District
General Business District (B-3)
B-3 General Business District This district provides allocation for uses that are appropriate to thoroughfare locations, are largely dependent on thoroughfare traffic and are not suitable within other business districts. 465.4 14.7% B-4 Shopping Centers District This district is intended to provide for preplanned shopping centers. 7.1 0.2% OUR WORTHINGTON 20…
Market overview
Demographics & Economy
Worthington, MN has 15,312 residents in 5,453 households. Density runs 91 people per square mile. Median household income here is $63,637 and median gross rent $889 a month.
15,312
Population
5,453
Households
2.8
Avg Household Size
33
Median Age
19%
College-Educated
71%
High-School Grad
168.7 sq mi
ZIP Area
91
Density / Sq Mi
$63,637
Median Household Income
$38,520
Median Earnings
$889
Median Rent
$193,900
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Reading | — | — |
| Brewster | — | — |
| Round Lake | — | — |
| Bigelow | — | — |
Commercial property in Worthington, MN asks $1,423/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Worthington?
Commercial property in Worthington, MN asks an average of $1,423 per square foot.
Where does Realmo's Worthington market data come from?
Realmo compiles Worthington, MN figures from 14 active sale listings, 1 active lease listings, 574 tracked off-market properties, the current Worthington zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 14 active for-sale and 1 active for-lease listings in Worthington, 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: 4,475 zoned acres across 17 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
