Commercial Real Estate Market in Volga, SD
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
1 active listing and 127 off-market properties in Volga, SD.
Market Trends
Volga, SD spans 119.6 square miles in Brookings County, South Dakota. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Volga, 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 Volga, SD runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Volga, 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 Volga, 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 55.2%
- Agricultural 24.6%
- Industrial 14.7%
- Commercial 5.4%
Largest Zones share of zoned land by district
Multiple Family Residential
Single Family Residential
Agricultural
Light Industrial
Heavy Industrial
Volga, SD zones 729 acres across 8 districts. Commercial zoning covers 5.4% of zoned land, residential 55.2% and industrial 14.7%. The largest single district is Multiple Family Residential at 27.8%. For commercial buyers the practical constraint is that only 20.2% of land carries a commercial or industrial designation.
Agricultural (A)
South Dakota Soybean Processors (SDSP) is a manufacturing plant that processes bulk soybeans into various products. It is located adjacent to City limits where it utilizes the railroad and Caspian Avenue for receipt and distribution of raw materials or finished products. Though outside of City limits, SDSP greatly influences land use development of the City…
Market overview
Demographics & Economy
Volga, SD has 3,134 residents in 1,534 households. Density runs 26 people per square mile. Median household income here is $73,995 and median gross rent $1,026 a month.
3,134
Population
1,534
Households
2
Avg Household Size
37
Median Age
35%
College-Educated
98%
High-School Grad
119.6 sq mi
ZIP Area
26
Density / Sq Mi
$73,995
Median Household Income
$49,946
Median Earnings
$1,026
Median Rent
$243,900
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Brookings | — | — |
| Bruce | — | — |
| Lake Sinai | — | — |
| Arlington | — | — |
Frequently Asked Questions
What zoning applies to commercial property in Volga?
Volga, SD zones 729 acres across 8 districts, of which 5.4% is commercial and 14.7% industrial. The largest single district is Multiple Family Residential at 27.8% of zoned land. Residential zoning covers 55.2% and open space 0%.
Where does Realmo's Volga market data come from?
Realmo compiles Volga, SD figures from 1 active lease listings, 127 tracked off-market properties, the current Volga zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 0 active for-sale and 1 active for-lease listings in Volga, 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: 729 zoned acres across 8 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
