Commercial Real Estate Market in Hart, MI
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
20 active listings and 538 off-market properties in Hart, MI.
Market Trends
Hart, MI spans 117.5 square miles in Oceana County, Michigan. Figures below refresh monthly; last updated 31 October 2026.
Office
Office vacancy in Hart, MI runs 21.3% across the Midwest region in 2025, up from 13.7% in 2019.
Retail
Retail space in Hart, MI has a median asking sale price of $57/SF (based on 3 listings). Vacancy runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Industrial
Industrial space in Hart, MI has a median asking sale price of $102/SF (based on 5 listings). Vacancy runs 4.9% across the Midwest region in 2025, up from 4.4% in 2019. Nearly 1.6x the 2022 low of 3.1%.
Multifamily
Multifamily vacancy in Hart, MI runs 8% across the Midwest region in 2025, up from 6.5% in 2022.
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 48.1%
- Commercial 30%
- Industrial 17.2%
- Planned_development 3%
- Civic 1.7%
Largest Zones share of zoned land by district
Hart, MI zones 1,286 acres across 10 districts. Commercial zoning covers 30% of zoned land, residential 48.1% and industrial 17.2%. The largest single district is Residential Zone at 41.5%. For commercial buyers the practical constraint is that only 47.2% of land carries a commercial or industrial designation.
PTER 1240 Title and Purpose CHAPTER 1241 Definitions CHAPTER 1242 Administration, Enforcement and Penalty CHAPTER 1243 General Provisions Relating to All Districts CHAPTER 1244 Zone Districts and Zoning Map CHAPTER 1245 A, Residential Zone CHAPTER 1246 A-1, Residential Zone CHAPTER 1247 A-2, Apartment Zoning District 1247.01 DESCRIPTION AND PURPOSE. 1247.02…
Market overview
Demographics & Economy
Hart, MI has 6,295 residents in 2,862 households. Density runs 54 people per square mile. Median household income here is $58,583 and median gross rent $777 a month.
Tools
Nearby Markets
| Market | Median Asking Price, $/SF | Median Asking Rent, $/SF/Yr |
|---|---|---|
| Shelby | $76 | — |
| Pentwater | $251 | — |
| Scottville | $78 | — |
| Ludington | $108 | $12.00 |
Commercial property in Hart, MI asks $97/SF. The 4 bordering markets run from $76/SF in Shelby to $251/SF in Pentwater, and the city sits above their $93/SF median.
Frequently Asked Questions
What is the median price per square foot for commercial property in Hart?
How does Hart compare to nearby markets on price?
What zoning applies to commercial property in Hart?
Where does Realmo's Hart market data come from?
Methodology & data sources
- Asking prices and medians
- There are 15 active for-sale and 5 active for-lease listings in Hart, MI. The sale median is based on 10 of the for-sale listings that state a price per square foot; too few for-lease listings state a rent per square foot for a rent median. These are ASKING figures from live listings, not closed-transaction prices, and a figure resting on fewer than 10 listings says so where it is quoted.
- 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: 1,286 zoned acres across 10 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 October 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 October 2026 · How Realmo checks market page data · Report a data issue
