Commercial Real Estate Market in Free Soil, MI
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
33 active listings and 60 off-market properties in Free Soil, MI.
Market Trends
Free Soil, MI spans 109.7 square miles in Mason County, Michigan. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Free Soil, 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 Free Soil, 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 Free Soil, 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 Free Soil, MI runs 8% across the Midwest region in 2025, up from 6.5% in 2022.
Vacancy Rate % in Midwest region
Market overview
Demographics & Economy
Free Soil, MI has 1,592 residents in 1,156 households. Density runs 15 people per square mile. Median household income here is $60,750 and median gross rent $1,051 a month.
1,592
Population
1,156
Households
1.4
Avg Household Size
50
Median Age
20%
College-Educated
94%
High-School Grad
109.7 sq mi
ZIP Area
15
Density / Sq Mi
$60,750
Median Household Income
$36,076
Median Earnings
$1,051
Median Rent
$221,400
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Fountain | — | — |
| Stronach | — | — |
| Filer City | — | — |
| Eastlake | — | — |
Commercial property in Free Soil, MI asks $1/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Free Soil?
Commercial property in Free Soil, MI asks an average of $1 per square foot. Retail carries the highest asking price at $92/SF.
Where does Realmo's Free Soil market data come from?
Realmo compiles Free Soil, MI figures from 3 recent recorded sales, 33 active sale listings, 60 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 33 active for-sale and 0 active for-lease listings in Free Soil, 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
