Commercial Real Estate Market in Meckling, SD
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
34 active listings and 525 off-market properties in Meckling, SD.
Market Trends
Meckling, SD spans 169.3 square miles in Clay County, South Dakota. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Meckling, 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 Meckling, SD runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Meckling, 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 Meckling, SD runs 8% across the Midwest region in 2025, up from 6.5% in 2022.
Vacancy Rate % in Midwest region
Market overview
Demographics & Economy
Meckling, SD has 13,005 residents in 5,307 households. Density runs 77 people per square mile. Median household income here is $54,720 and median gross rent $731 a month.
13,005
Population
5,307
Households
2.5
Avg Household Size
27
Median Age
50%
College-Educated
94%
High-School Grad
169.3 sq mi
ZIP Area
77
Density / Sq Mi
$54,720
Median Household Income
$20,652
Median Earnings
$731
Median Rent
$225,800
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Gayville | — | — |
| Kingsbury | — | — |
| Franklin | — | — |
| Wynot | — | — |
Commercial property in Meckling, SD asks $674/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Meckling?
Commercial property in Meckling, SD asks an average of $674 per square foot. The 3 most recent recorded sales traded at a median of $119/SF, so asking sits 464% above the achieved median.
Where does Realmo's Meckling market data come from?
Realmo compiles Meckling, SD figures from 7 recent recorded sales, 31 active sale listings, 3 active lease listings, 525 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 31 active for-sale and 3 active for-lease listings in Meckling, 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, industrial vacancy is reported at Midwest region level and asking prices run materially above recent closed pricing.
- 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
