Commercial Real Estate Market in Whitewood, SD
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
39 active listings and 134 off-market properties in Whitewood, SD.
Market Trends
Whitewood, SD spans 152.1 square miles in Lawrence County, South Dakota. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Whitewood, 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 Whitewood, SD runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Whitewood, 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 Whitewood, 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 60.1%
- Commercial 25.7%
- Open space 6.4%
- Industrial 5.8%
- Civic 1.2%
Largest Zones share of zoned land by district
General Residential 1
Light Commercial And Office
General Residential 2
Park And Recreational
Industrial
Whitewood, SD zones 397 acres across 8 districts. Commercial zoning covers 25.7% of zoned land, residential 60.1%, open space 6.4% and industrial 5.8%. The largest single district is General Residential 1 at 52.8%. For commercial buyers the practical constraint is that only 31.5% of land carries a commercial or industrial designation.
General Residential 1 (GR1)
The intent of GR1 district is to provide the protection and future development of residential areas, excluding uses which are not compatible with residential use, but permitting certain nonresidential uses, which are of particular convenience to the residents of the district
Market overview
Demographics & Economy
Whitewood, SD has 2,017 residents in 806 households. Density runs 13 people per square mile. Median household income here is $84,441 and median gross rent $925 a month.
2,017
Population
806
Households
2.5
Avg Household Size
45
Median Age
24%
College-Educated
92%
High-School Grad
152.1 sq mi
ZIP Area
13
Density / Sq Mi
$84,441
Median Household Income
$36,514
Median Earnings
$925
Median Rent
$293,400
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Saint Onge | — | — |
| Maverick | — | — |
| Marcus | — | — |
| Sturgis | — | — |
Commercial property in Whitewood, SD asks $2,829/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Whitewood?
Commercial property in Whitewood, SD asks an average of $2,829 per square foot.
What zoning applies to commercial property in Whitewood?
Whitewood, SD zones 397 acres across 8 districts, of which 25.7% is commercial and 5.8% industrial. The largest single district is General Residential 1 at 52.8% of zoned land. The intent of GR1 district is to provide the protection and future development of residential areas, excluding uses which are not compatible with residential use, but permitting certain nonresidential uses, which are of particular convenience to the residents of the district Residential zoning covers 60.1% and open space 6.4%.
Where does Realmo's Whitewood market data come from?
Realmo compiles Whitewood, SD figures from 39 active sale listings, 134 tracked off-market properties, the current Whitewood zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 39 active for-sale and 0 active for-lease listings in Whitewood, 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: 397 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
