Commercial Real Estate Market in Dexter, MI
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
48 active listings and 397 off-market properties in Dexter, MI. Commercial property asks $108/SF to buy and $45.77/SF/Yr to lease.
Market Trends
Dexter, MI spans 64.0 square miles in Washtenaw County, Michigan. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Dexter, MI runs 21.3% across the Midwest region in 2025, up from 13.7% in 2019.
Vacancy Rate % in Midwest region
Retail
Retail space in Dexter, MI asks $399/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 Dexter, 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 Dexter, MI asks $198/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
- Planned_development 24.8%
- Civic 24.5%
- Residential 24.1%
- Industrial 16.3%
- Commercial 10.4%
Largest Zones share of zoned land by district
Public Facilities
Research Development
Village Residential 2
One Family Residential
Planned Unit Development Dexter Crossing
Public Facilities (PF)
The district is intended to provide an appropriate zoning classification for government, civic and recreational facilities where a separate zoning district is deemed appropriate based on land use patterns and surrounding conditions
Market overview
Demographics & Economy
Dexter, MI has 16,469 residents in 6,316 households. Density runs 257 people per square mile. Median household income here is $131,875 and median gross rent $1,681 a month.
16,469
Population
6,316
Households
2.6
Avg Household Size
43
Median Age
67%
College-Educated
98%
High-School Grad
64 sq mi
ZIP Area
257
Density / Sq Mi
$131,875
Median Household Income
$56,550
Median Earnings
$1,681
Median Rent
$453,100
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Lima Township | — | — |
| Scio Township | — | — |
| Chelsea | — | $17.67 |
| Putnam Township | — | $13.84 |
Commercial property in Dexter, MI asks $108/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Dexter?
Commercial property in Dexter, MI asks an average of $108 per square foot. The 5 most recent recorded sales traded at a median of $151/SF. Retail carries the highest asking price at $399/SF.
How much does it cost to lease commercial space in Dexter?
Asking lease rates in Dexter, MI average $45.77 per square foot per year.
Where does Realmo's Dexter market data come from?
Realmo compiles Dexter, MI figures from 7 recent recorded sales, 36 active sale listings, 12 active lease listings, 397 tracked off-market properties, the current Dexter zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 36 active for-sale and 12 active for-lease listings in Dexter, 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: 1,207 zoned acres across 28 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
