Commercial Real Estate Market in Dimondale, MI
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
12 active listings and 444 off-market properties in Dimondale, MI.
Market Trends
Dimondale, MI spans 19.9 square miles in Eaton County, Michigan. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Dimondale, MI runs 21.3% across the Midwest region in 2025, up from 13.7% in 2019.
Vacancy Rate % in Midwest region
Retail
Retail vacancy in Dimondale, MI runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Dimondale, 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 vacancy in Dimondale, MI 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 88.2%
- Commercial 2.9%
- Civic 1.8%
Largest Zones share of zoned land by district
One Family Medium Density Residential
One Family Rural Residential
One Family Low Density Residential
Public Land
Medium Density Residential
Dimondale, MI zones 595 acres across 9 districts. Commercial zoning covers 2.9% of zoned land, residential 88.2%. The largest single district is One Family Medium Density Residential at 43.6%. For commercial buyers the practical constraint is that only 2.9% of land carries a commercial or industrial designation.
One Family Medium Density Residential (R-1C)
The District has been designed to include existing one-family developments within the Village which have a similar lot area and character, as well as areas within which such development appears likely and desirable
Market overview
Demographics & Economy
Dimondale, MI has 5,987 residents in 2,591 households. Density runs 301 people per square mile. Median household income here is $103,652 and median gross rent $1,003 a month.
5,987
Population
2,591
Households
2.3
Avg Household Size
51
Median Age
36%
College-Educated
97%
High-School Grad
19.9 sq mi
ZIP Area
301
Density / Sq Mi
$103,652
Median Household Income
$57,222
Median Earnings
$1,003
Median Rent
$237,700
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Potterville | — | — |
| Holt | — | $13.25 |
| Lansing | — | $19.95 |
| Grand Ledge | — | $16.53 |
Commercial property in Dimondale, MI asks $57/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Dimondale?
Commercial property in Dimondale, MI asks an average of $57 per square foot.
What zoning applies to commercial property in Dimondale?
Dimondale, MI zones 595 acres across 9 districts, of which 2.9% is commercial and 0% industrial. The largest single district is One Family Medium Density Residential at 43.6% of zoned land. The District has been designed to include existing one-family developments within the Village which have a similar lot area and character, as well as areas within which such development appears likely and desirable Residential zoning covers 88.2% and open space 0%.
Where does Realmo's Dimondale market data come from?
Realmo compiles Dimondale, MI figures from 6 recent recorded sales, 12 active sale listings, 444 tracked off-market properties, the current Dimondale zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 12 active for-sale and 0 active for-lease listings in Dimondale, 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: 595 zoned acres across 9 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
