Commercial Real Estate Market in Fairview, MI
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
449 active listings and 6,570 off-market properties in Fairview, MI. Commercial property asks $73/SF to buy and $20.12/SF/Yr to lease.
Market Trends
Fairview, MI spans 51.1 square miles in Ingham County, Michigan. Figures below refresh monthly; last updated 30 September 2026.
Office
Office space in Fairview, MI asks $48.08/SF/Yr to lease. Vacancy runs 21.3% across the Midwest region in 2025, up from 13.7% in 2019.
Average Lease Price $/SF/Yr
Listings
Vacancy Rate % in Midwest region
Retail
Retail space in Fairview, MI asks $11.75/SF/Yr to lease. Vacancy runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Average Lease Price $/SF/Yr
Listings
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Fairview, 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 Fairview, MI runs 8% across the Midwest region in 2025, up from 6.5% in 2022.
Vacancy Rate % in Midwest region
Market overview
Demographics & Economy
Fairview, MI has 1,282 residents in 696 households. Density runs 25 people per square mile. Median household income here is $52,353 and median gross rent $731 a month.
1,282
Population
696
Households
1.8
Avg Household Size
54
Median Age
21%
College-Educated
88%
High-School Grad
51.1 sq mi
ZIP Area
25
Density / Sq Mi
$52,353
Median Household Income
$34,375
Median Earnings
$731
Median Rent
$135,900
Median Home Value
Tools
Frequently Asked Questions
What is the average price per square foot for commercial property in Fairview?
Commercial property in Fairview, MI asks an average of $73 per square foot. The 4 most recent recorded sales traded at a median of $53/SF, so asking sits 36% above the achieved median.
How much does it cost to lease commercial space in Fairview?
Asking lease rates in Fairview, MI average $20.12 per square foot per year. Office asks $48.08/SF/Yr as of Q2 26, up from $10.98/SF/Yr in Q4 25.
Where does Realmo's Fairview market data come from?
Realmo compiles Fairview, MI figures from 5 recent recorded sales, 297 active sale listings, 152 active lease listings, 6,570 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 297 active for-sale and 152 active for-lease listings in Fairview, 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
