Commercial Real Estate Market in Clark, SD
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
3 active listings and 160 off-market properties in Clark, SD.
Market Trends
Clark, SD spans 288.5 square miles in Clark County, South Dakota. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Clark, 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 Clark, SD runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Clark, 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 Clark, SD 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 91.1%
- Commercial 5.6%
- Industrial 3.3%
Largest Zones share of zoned land by district
General Residential
Agricultural District
General Commercial
Industrial District
Clark, SD zones 844 acres across 4 districts. Commercial zoning covers 5.6% of zoned land, residential 91.1% and industrial 3.3%. The largest single district is General Residential at 54.1%. For commercial buyers the practical constraint is that only 8.9% of land carries a commercial or industrial designation.
Agricultural District (A)
The purpose of this district is to provide areas for the Any form of agricultural activity and related farm buildings, but excluding feed lots and Site-built single family dwelling
Market overview
Demographics & Economy
Clark, SD has 1,736 residents in 842 households. Density runs 6 people per square mile. Median household income here is $58,352 and median gross rent $713 a month.
1,736
Population
842
Households
2.1
Avg Household Size
45
Median Age
16%
College-Educated
93%
High-School Grad
288.5 sq mi
ZIP Area
6
Density / Sq Mi
$58,352
Median Household Income
$36,635
Median Earnings
$713
Median Rent
$144,200
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Garden City | — | — |
| Raymond | — | — |
| Naples | — | — |
| Henry | — | — |
Frequently Asked Questions
What zoning applies to commercial property in Clark?
Clark, SD zones 844 acres across 4 districts, of which 5.6% is commercial and 3.3% industrial. The largest single district is General Residential at 54.1% of zoned land. Residential zoning covers 91.1% and open space 0%.
Where does Realmo's Clark market data come from?
Realmo compiles Clark, SD figures from 3 active sale listings, 160 tracked off-market properties, the current Clark zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 3 active for-sale and 0 active for-lease listings in Clark, 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.
- Zoning and land use
- The current municipal zoning release: 844 zoned acres across 4 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
