Commercial Real Estate Market in Casnovia, MI
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
2 active listings and 49 off-market properties in Casnovia, MI.
Market Trends
Casnovia, MI spans 20.1 square miles in Muskegon County, Michigan. Figures below refresh monthly; last updated 31 August 2026.
Office
Office space in Casnovia, MI asks $115/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 Casnovia, MI asks $92/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 Casnovia, 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 Casnovia, MI asks $239/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
Zoning & Land Use
Land Use Mix share of zoned land by category
- Agricultural 82.4%
- Residential 7.3%
- Industrial 6.6%
- Commercial 3.6%
Largest Zones share of zoned land by district
Agricultural
Residential
Industrial
Village Business
General Business
Agricultural (A)
Chapter 5. "A" Agricultural District Casnovia\Zoning Ordinance 5-1 SRC.TTON 5.01 INTENT. The intent of the "A" Agricultural District is to allow existing agricultural uses to continue within the Village with the knowledge that such uses will be phased out over time as such lands convert to those non-agricultural uses recommended by the Casnovia Master Plan.
Market overview
Demographics & Economy
Casnovia, MI has 1,530 residents in 511 households. Density runs 76 people per square mile. Median household income here is $68,929 and median gross rent $1,176 a month.
1,530
Population
511
Households
3
Avg Household Size
37
Median Age
16%
College-Educated
92%
High-School Grad
20.1 sq mi
ZIP Area
76
Density / Sq Mi
$68,929
Median Household Income
$44,542
Median Earnings
$1,176
Median Rent
$215,100
Median Home Value
Tools
Nearby Markets
Frequently Asked Questions
Where does Realmo's Casnovia market data come from?
Realmo compiles Casnovia, MI figures from 3 recent recorded sales, 2 active sale listings, 49 tracked off-market properties, the current Casnovia zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 2 active for-sale and 0 active for-lease listings in Casnovia, 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.
- Zoning and land use
- The current municipal zoning release: 699 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
