Commercial Real Estate Market in Wessington, SD
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
Market Trends
Wessington, SD spans 303.9 square miles in Beadle County, South Dakota. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Wessington, 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, 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, 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, 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
- Industrial 67.8%
- Residential 24.1%
- Commercial 8.1%
Largest Zones share of zoned land by district
Agricultural
Residential
Highway Commercial
Industrial
Commercial
Wessington, SD zones 545 acres across 5 districts. Commercial zoning covers 8.1% of zoned land, residential 24.1% and industrial 67.8%. The largest single district is Agricultural at 64.7%. For commercial buyers the practical constraint is that only 75.9% of land carries a commercial or industrial designation.
Agricultural (A)
Accessory Use or Structures. A use or structure on the same lot with and of a nature customarily included or subordinate to the principle use or structure. Agriculture. The use of land for agricultural purpose including farming, dairying, raising, breeding, or management of livestock, poultry, or honey bees, truck, gardening, forestry, horticulture, floricul…
Market overview
Demographics & Economy
Wessington, SD has 538 residents in 287 households. Density runs 2 people per square mile. Median household income here is $77,750 and median gross rent $522 a month.
538
Population
287
Households
1.9
Avg Household Size
40
Median Age
20%
College-Educated
98%
High-School Grad
303.9 sq mi
ZIP Area
2
Density / Sq Mi
$77,750
Median Household Income
$54,659
Median Earnings
$522
Median Rent
$113,800
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Vayland | — | — |
| Danforth | — | — |
| Saint Lawrence | — | — |
| Wolsey | — | — |
Frequently Asked Questions
What zoning applies to commercial property in Wessington?
Wessington, SD zones 545 acres across 5 districts, of which 8.1% is commercial and 67.8% industrial. The largest single district is Agricultural at 64.7% of zoned land. Accessory Use or Structures. A use or structure on the same lot with and of a nature customarily included or subordinate to the principle use or structure. Agriculture. The use of land for agricultural purpose including farming, dairying, raising, breeding, or management of livestock, poultry, or honey bees, truck, gardening, forestry, horticulture, floricul… Residential zoning covers 24.1% 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: 545 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
