Commercial Real Estate Market in Yankton, SD
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
38 active listings and 956 off-market properties in Yankton, SD.
Market Trends
Yankton, SD spans 111.3 square miles in Yankton County, South Dakota. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Yankton, 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 Yankton, SD runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Yankton, 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 Yankton, 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 38%
- Industrial 32.8%
- Commercial 15.4%
- Agricultural 7.7%
- Planned_development 6.1%
Largest Zones share of zoned land by district
Industrial
Single Family
Highway Business
Multifamily
Agricultural
Yankton, SD zones 4,756 acres across 10 districts. Commercial zoning covers 15.4% of zoned land, residential 38% and industrial 32.8%. The largest single district is Industrial at 32.8%. For commercial buyers the practical constraint is that only 48.2% of land carries a commercial or industrial designation.
Single Family (R2)
The intent is the same as the R1 district, except that this district is intended for areas where conditions require a higher density of housing
Market overview
Demographics & Economy
Yankton, SD has 20,104 residents in 9,172 households. Density runs 181 people per square mile. Median household income here is $72,395 and median gross rent $777 a month.
20,104
Population
9,172
Households
2.2
Avg Household Size
42
Median Age
29%
College-Educated
93%
High-School Grad
111.3 sq mi
ZIP Area
181
Density / Sq Mi
$72,395
Median Household Income
$41,181
Median Earnings
$777
Median Rent
$213,300
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Mission Hill | — | — |
| South Yankton | — | — |
| Lakeport | — | — |
| Crofton | — | — |
Commercial property in Yankton, SD asks $5,181/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Yankton?
Commercial property in Yankton, SD asks an average of $5,181 per square foot. The 3 most recent recorded sales traded at a median of $93/SF, so asking sits 5482% above the achieved median.
What zoning applies to commercial property in Yankton?
Yankton, SD zones 4,756 acres across 10 districts, of which 15.4% is commercial and 32.8% industrial. The largest single district is Industrial at 32.8% of zoned land. Residential zoning covers 38% and open space 0%.
Where does Realmo's Yankton market data come from?
Realmo compiles Yankton, SD figures from 6 recent recorded sales, 37 active sale listings, 1 active lease listings, 956 tracked off-market properties, the current Yankton zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 37 active for-sale and 1 active for-lease listings in Yankton, 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: 4,756 zoned acres across 10 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, industrial vacancy is reported at Midwest region level and asking prices run materially above recent closed pricing.
- 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
