Commercial Real Estate Market in Wolsey, SD
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
Market Trends
Wolsey, SD spans 202.0 square miles in Beadle County, South Dakota. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Wolsey, 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 Wolsey, SD runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Wolsey, 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 Wolsey, 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 82.3%
- Residential 16.4%
- Commercial 1.3%
Largest Zones share of zoned land by district
Agricultural
Residential
Industrial
Commercial
Wolsey, SD zones 1,307 acres across 4 districts. Commercial zoning covers 1.3% of zoned land, residential 16.4% and industrial 82.3%. The largest single district is Agricultural at 76.7%. For commercial buyers the practical constraint is that only 83.6% 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
Wolsey, SD has 843 residents in 430 households. Density runs 4 people per square mile. Median household income here is $62,670 and median gross rent $702 a month.
843
Population
430
Households
2
Avg Household Size
38
Median Age
19%
College-Educated
86%
High-School Grad
202 sq mi
ZIP Area
4
Density / Sq Mi
$62,670
Median Household Income
$42,891
Median Earnings
$702
Median Rent
$162,000
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Virgil | — | — |
| Broadland | — | — |
| Danforth | — | — |
| Wessington | — | — |
Frequently Asked Questions
What zoning applies to commercial property in Wolsey?
Wolsey, SD zones 1,307 acres across 4 districts, of which 1.3% is commercial and 82.3% industrial. The largest single district is Agricultural at 76.7% 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 16.4% 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: 1,307 zoned acres across 4 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
