Commercial Real Estate Market in Bloomfield, MI
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
68 active listings and 563 off-market properties in Bloomfield, MI. Commercial property asks $85/SF to buy and $79.92/SF/Yr to lease.
Market Trends
Bloomfield, MI spans 29.8 square miles in Oakland County, Michigan. Figures below refresh monthly; last updated 30 September 2026.
Office
Office space in Bloomfield, MI asks $142/SF to buy. Vacancy runs 21.3% across the Midwest region in 2025, up from 13.7% in 2019.
Average Sale Price $/SF
Listings
Vacancy Rate % in Midwest region
Retail
Retail space in Bloomfield, MI asks $169/SF to buy. Vacancy runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Average Sale Price $/SF
Listings
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Bloomfield, MI 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 space in Bloomfield, MI asks $159/SF to buy. Vacancy runs 8% across the Midwest region in 2025, up from 6.5% in 2022.
Average Sale Price $/SF
Listings
Vacancy Rate % in Midwest region
Market overview
Demographics & Economy
Bloomfield, MI has 49,626 residents in 20,256 households. Density runs 1,666 people per square mile. Median household income here is $159,737 and median gross rent $1,801 a month.
49,626
Population
20,256
Households
2.4
Avg Household Size
47
Median Age
76%
College-Educated
98%
High-School Grad
29.8 sq mi
ZIP Area
1,666
Density / Sq Mi
$159,737
Median Household Income
$85,648
Median Earnings
$1,801
Median Rent
$588,078
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Bloomfield Hills | — | $21.72 |
| West Bloomfield | — | $27.98 |
Commercial property in Bloomfield, MI asks $85/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Bloomfield?
Commercial property in Bloomfield, MI asks an average of $85 per square foot. Retail carries the highest asking price at $169/SF.
How much does it cost to lease commercial space in Bloomfield?
Asking lease rates in Bloomfield, MI average $79.92 per square foot per year.
Where does Realmo's Bloomfield market data come from?
Realmo compiles Bloomfield, MI figures from 2 recent recorded sales, 22 active sale listings, 46 active lease listings, 563 tracked off-market properties. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 22 active for-sale and 46 active for-lease listings in Bloomfield, MI. 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 30 September 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 30 September 2026 · report a data issue
