Commercial Real Estate Market in Wahpeton, ND
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
17 active listings and 739 off-market properties in Wahpeton, ND.
Market Trends
Wahpeton, ND spans 235.6 square miles in Richland County, North Dakota. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Wahpeton, 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 Wahpeton, ND runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Wahpeton, 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 Wahpeton, 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
- Agricultural 53.3%
- Residential 18.9%
- Commercial 7.6%
- Special 7.6%
- Industrial 5.2%
- Planned_development 0.7%
Largest Zones share of zoned land by district
Agricultural
Single Family Residence And Agricultural
Public Use Special
Two Family Residence
Highway Business
Agricultural (A)
Residence FP-A Agricultural 10 Residence R-1a Single-Family/Agri. 11-12 Residence R-1b Single-Family 13 Residence R-1c Single-Family 14 Residence R-2 Two-Family 15 Residence R-3 Multiple-Family 16-18 Res/Business RB-4 Neighborhood 19 Business B-1 Central 20-21 Business B-2 Heavy 22-23 Business B-3 Highway 24 Industrial I-1 Light 26 Industrial I-2 Heavy 27 In…
Market overview
Demographics & Economy
Wahpeton, ND has 9,475 residents in 4,281 households. Density runs 40 people per square mile. Median household income here is $64,161 and median gross rent $756 a month.
9,475
Population
4,281
Households
2.2
Avg Household Size
35
Median Age
24%
College-Educated
95%
High-School Grad
235.6 sq mi
ZIP Area
40
Density / Sq Mi
$64,161
Median Household Income
$33,234
Median Earnings
$756
Median Rent
$178,800
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Breckenridge | — | — |
| Everdell | — | — |
| Dwight | — | — |
| Brushvale | — | — |
Commercial property in Wahpeton, ND asks $354/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Wahpeton?
Commercial property in Wahpeton, ND asks an average of $354 per square foot.
Where does Realmo's Wahpeton market data come from?
Realmo compiles Wahpeton, ND figures from 4 recent recorded sales, 16 active sale listings, 1 active lease listings, 739 tracked off-market properties, the current Wahpeton zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 16 active for-sale and 1 active for-lease listings in Wahpeton, ND. 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: 8,353 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
