Commercial Real Estate Market in Gary, SD
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
1 active listing and 33 off-market properties in Gary, SD.
Market Trends
Gary, SD spans 98.5 square miles in Deuel County, South Dakota. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Gary, 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 Gary, SD runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Gary, 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 Gary, 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 46.2%
- Agricultural 38.4%
- Planned_development 9%
- Industrial 4%
- Commercial 2.4%
Largest Zones share of zoned land by district
General Residential District
Agricultural District
Planned Unit Development
Industrial District
General Commercial District
Agricultural District (A)
This zone is intended to promote agricultural district uses
Market overview
Demographics & Economy
Gary, SD has 650 residents in 381 households. Density runs 7 people per square mile. Median household income here is $84,359 and median gross rent $479 a month.
650
Population
381
Households
1.7
Avg Household Size
51
Median Age
24%
College-Educated
96%
High-School Grad
98.5 sq mi
ZIP Area
7
Density / Sq Mi
$84,359
Median Household Income
$37,250
Median Earnings
$479
Median Rent
$154,000
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Canby | — | — |
| Brandt | — | — |
| Clear Lake | — | — |
| Marietta | — | — |
Frequently Asked Questions
Where does Realmo's Gary market data come from?
Realmo compiles Gary, SD figures from 1 active sale listings, 33 tracked off-market properties, the current Gary zoning release. 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 0 active for-lease listings in Gary, 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: 425 zoned acres across 5 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
