Commercial Real Estate Market in East Jordan, MI
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
39 active listings and 313 off-market properties in East Jordan, MI.
Market Trends
East Jordan, MI spans 120.0 square miles in Charlevoix County, Michigan. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in East Jordan, 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 East Jordan, MI runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in East Jordan, 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 East Jordan, MI runs 8% across the Midwest region in 2025, up from 6.5% in 2022.
Vacancy Rate % in Midwest region
Market overview
Demographics & Economy
East Jordan, MI has 6,887 residents in 4,075 households. Density runs 57 people per square mile. Median household income here is $70,288 and median gross rent $821 a month.
6,887
Population
4,075
Households
1.7
Avg Household Size
46
Median Age
24%
College-Educated
92%
High-School Grad
120 sq mi
ZIP Area
57
Density / Sq Mi
$70,288
Median Household Income
$42,500
Median Earnings
$821
Median Rent
$187,700
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Boyne City | — | — |
| Ellsworth | — | — |
| Central Lake | — | — |
| Charlevoix | — | $16.50 |
Commercial property in East Jordan, MI asks $718/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in East Jordan?
Commercial property in East Jordan, MI asks an average of $718 per square foot.
Where does Realmo's East Jordan market data come from?
Realmo compiles East Jordan, MI figures from 38 active sale listings, 1 active lease listings, 313 tracked off-market properties. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 38 active for-sale and 1 active for-lease listings in East Jordan, 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 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
