Commercial Real Estate Market in Wessington Springs, SD
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
2 active listings and 135 off-market properties in Wessington Springs, SD.
Market Trends
Wessington Springs, SD spans 438.1 square miles in Jerauld County, South Dakota. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Wessington Springs, 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 Wessington Springs, SD runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Wessington Springs, 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 Wessington Springs, SD runs 8% across the Midwest region in 2025, up from 6.5% in 2022.
Vacancy Rate % in Midwest region
Market overview
Demographics & Economy
Wessington Springs, SD has 1,222 residents in 707 households. Density runs 3 people per square mile. Median household income here is $77,083 and median gross rent $457 a month.
1,222
Population
707
Households
1.7
Avg Household Size
53
Median Age
27%
College-Educated
95%
High-School Grad
438.1 sq mi
ZIP Area
3
Density / Sq Mi
$77,083
Median Household Income
$45,861
Median Earnings
$457
Median Rent
$132,100
Median Home Value
Tools
Nearby Markets
Methodology & data sources
- Asking prices and averages
- Computed from 2 active for-sale and 0 active for-lease listings in Wessington Springs, 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 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
