Commercial Real Estate Market in Glendive, MT
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
15 active listings and 574 off-market properties in Glendive, MT.
Market Trends
Glendive, MT spans 1,014.0 square miles in Dawson County, Montana. Figures below refresh monthly; last updated 30 September 2026.
Office
Office vacancy in Glendive, MT runs 20.8% across the West region in 2025, up from 11% in 2019.
Vacancy Rate % in West region
Retail
Retail vacancy in Glendive, MT runs 5.8% across the West region in 2025, down from 7% in 2020.
Vacancy Rate % in West region
Industrial
Industrial vacancy in Glendive, MT runs 7.9% across the West region in 2025, up from 3.7% in 2019. Nearly 3.2x the 2022 low of 2.5%.
Vacancy Rate % in West region
Multifamily
Multifamily vacancy in Glendive, MT runs 8.6% across the West region in 2025, up from 7% in 2022.
Vacancy Rate % in West region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 58.4%
- Industrial 31.9%
- Special 9.5%
- Commercial 0.2%
Largest Zones share of zoned land by district
One Family And Two Family Residential District
Light Industrial District
One Family Residential District
Multiple Family Dwelling District
Agricultural District
Glendive, MT zones 2,178 acres across 12 districts. Commercial zoning covers 0.2% of zoned land, residential 58.4% and industrial 31.9%. The largest single district is One Family And Two Family Residential District at 19.6%. For commercial buyers the practical constraint is that only 32.2% of land carries a commercial or industrial designation.
One Family And Two Family Residential District (R-2)
The intent is to accommodate moderate-density housing including single and two-family dwellings
Market overview
Demographics & Economy
Glendive, MT has 8,244 residents in 3,996 households. Density runs 8 people per square mile. Median household income here is $70,709 and median gross rent $827 a month.
8,244
Population
3,996
Households
2.1
Avg Household Size
41
Median Age
26%
College-Educated
94%
High-School Grad
1014 sq mi
ZIP Area
8
Density / Sq Mi
$70,709
Median Household Income
$39,858
Median Earnings
$827
Median Rent
$188,000
Median Home Value
Tools
Frequently Asked Questions
What is the average price per square foot for commercial property in Glendive?
Commercial property in Glendive, MT asks an average of $125 per square foot.
What zoning applies to commercial property in Glendive?
Glendive, MT zones 2,178 acres across 12 districts, of which 0.2% is commercial and 31.9% industrial. The largest single district is One Family And Two Family Residential District at 19.6% of zoned land. The intent is to accommodate moderate-density housing including single and two-family dwellings Residential zoning covers 58.4% and open space 0%.
Where does Realmo's Glendive market data come from?
Realmo compiles Glendive, MT figures from 15 active sale listings, 574 tracked off-market properties, the current Glendive zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 15 active for-sale and 0 active for-lease listings in Glendive, MT. 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: 2,178 zoned acres across 12 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 30 September 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at West region level, retail vacancy is reported at West region level and industrial vacancy is reported at West 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 30 September 2026 · report a data issue
