Commercial Real Estate Market in Buchanan, ND
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
Market Trends
Buchanan, ND spans 150.7 square miles in Stutsman County, North Dakota. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Buchanan, ND runs 21.3% across the Midwest region in 2025, up from 13.7% in 2019.
Vacancy Rate % in Midwest region
Retail
Retail vacancy in Buchanan, ND runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Buchanan, ND 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 Buchanan, ND 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 80.7%
- Commercial 19.3%
Largest Zones share of zoned land by district
Residential
Commercial
Buchanan, ND zones 52 acres across 2 districts. Commercial zoning covers 19.3% of zoned land, residential 80.7%. The largest single district is Residential at 80.7%. For commercial buyers the practical constraint is that only 19.3% of land carries a commercial or industrial designation.
Residential (R)
SECTION 3.4 RESIDENTIAL COMMUNITY ZONE (R-C) The intent and purpose of the R-C Zone is to preserve the integrity and character of rural residential areas and incorporated or unincorporated cities and small towns in Stutsman County. Permitted Uses 1. Agriculture, excluding the keeping of livestock; 2. Single -family residences; 3. Multi-family residences cont…
Market overview
Demographics & Economy
Buchanan, ND has 274 residents in 109 households. Density runs 2 people per square mile. Median household income here is $107,500.
274
Population
109
Households
2.5
Avg Household Size
43
Median Age
35%
College-Educated
98%
High-School Grad
150.7 sq mi
ZIP Area
2
Density / Sq Mi
$107,500
Median Household Income
$46,563
Median Earnings
$0
Median Rent
$248,200
Median Home Value
Tools
Nearby Markets
Frequently Asked Questions
What zoning applies to commercial property in Buchanan?
Buchanan, ND zones 52 acres across 2 districts, of which 19.3% is commercial and 0% industrial. The largest single district is Residential at 80.7% of zoned land. SECTION 3.4 RESIDENTIAL COMMUNITY ZONE (R-C) The intent and purpose of the R-C Zone is to preserve the integrity and character of rural residential areas and incorporated or unincorporated cities and small towns in Stutsman County. Permitted Uses 1. Agriculture, excluding the keeping of livestock; 2. Single -family residences; 3. Multi-family residences cont… Residential zoning covers 80.7% and open space 0%.
Methodology & data sources
- 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: 52 zoned acres across 2 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
