Commercial Real Estate Market in Black Hawk, SD
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
3 active listings and 379 off-market properties in Black Hawk, SD.
Market Trends
Black Hawk, SD spans 26.6 square miles in Meade County, South Dakota. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Black Hawk, SD runs 21.3% across the Midwest region in 2025, up from 13.7% in 2019.
Vacancy Rate % in Midwest region
Retail
Retail vacancy in Black Hawk, SD runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Black Hawk, SD 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 Black Hawk, SD runs 8% across the Midwest region in 2025, up from 6.5% in 2022.
Vacancy Rate % in Midwest region
Market overview
Demographics & Economy
Black Hawk, SD has 7,536 residents in 3,182 households. Density runs 284 people per square mile. Median household income here is $81,858 and median gross rent $1,167 a month.
7,536
Population
3,182
Households
2.4
Avg Household Size
39
Median Age
29%
College-Educated
96%
High-School Grad
26.6 sq mi
ZIP Area
284
Density / Sq Mi
$81,858
Median Household Income
$44,295
Median Earnings
$1,167
Median Rent
$271,400
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Summerset | — | — |
| Rockerville | — | — |
| Rapid City | — | — |
| Piedmont | — | — |
Frequently Asked Questions
Where does Realmo's Black Hawk market data come from?
Realmo compiles Black Hawk, SD figures from 6 recent recorded sales, 1 active sale listings, 2 active lease listings, 379 tracked off-market properties. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 1 active for-sale and 2 active for-lease listings in Black Hawk, SD. 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.
- 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
