Commercial Real Estate Market in Hitchcock, SD
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
Market Trends
Hitchcock, SD spans 270.1 square miles in Beadle County, South Dakota. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Hitchcock, 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 Hitchcock, SD runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Hitchcock, 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 Hitchcock, 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 55.6%
- Industrial 40%
- Commercial 4.4%
Largest Zones share of zoned land by district
Residential
Agricultural
Industrial
Commercial
Hitchcock, SD zones 171 acres across 4 districts. Commercial zoning covers 4.4% of zoned land, residential 55.6% and industrial 40%. The largest single district is Residential at 55.6%. For commercial buyers the practical constraint is that only 44.4% of land carries a commercial or industrial designation.
Residential (R)
It is intended to provide for residential uses of all types and other compatible uses in a pleasant and stable environment.
Market overview
Demographics & Economy
Hitchcock, SD has 535 residents in 318 households. Density runs 2 people per square mile. Median household income here is $76,442 and median gross rent $690 a month.
535
Population
318
Households
1.7
Avg Household Size
41
Median Age
29%
College-Educated
90%
High-School Grad
270.1 sq mi
ZIP Area
2
Density / Sq Mi
$76,442
Median Household Income
$38,250
Median Earnings
$690
Median Rent
$110,600
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Spottwood | — | — |
| Bonilla | — | — |
| Broadland | — | — |
| Bloomfield | — | — |
Frequently Asked Questions
What zoning applies to commercial property in Hitchcock?
Hitchcock, SD zones 171 acres across 4 districts, of which 4.4% is commercial and 40% industrial. The largest single district is Residential at 55.6% of zoned land. It is intended to provide for residential uses of all types and other compatible uses in a pleasant and stable environment. Residential zoning covers 55.6% 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: 171 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
