Commercial Real Estate Market in Hart, MI
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
72 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 August 2026.
Office
Office vacancy in Hart, 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 Hart, MI asks $53/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 Hart, 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 Hart, 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 48.1%
- Commercial 30%
- Industrial 17.2%
- Planned_development 3%
- Civic 1.7%
Largest Zones share of zoned land by district
Residential Zone
General Business District
Industrial District
Apartment Zoning District
Limited Commercial
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.
Residential Zone (A)
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.
6,295
Population
2,862
Households
2.2
Avg Household Size
43
Median Age
19%
College-Educated
88%
High-School Grad
117.5 sq mi
ZIP Area
54
Density / Sq Mi
$58,583
Median Household Income
$35,532
Median Earnings
$777
Median Rent
$153,300
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Shelby | — | — |
| Pentwater | — | — |
| Silver Lake | — | — |
| Walkerville | — | — |
Commercial property in Hart, MI asks $28/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Hart?
Commercial property in Hart, MI asks an average of $28 per square foot. Retail carries the highest asking price at $53/SF.
What zoning applies to commercial property in Hart?
Hart, MI zones 1,286 acres across 10 districts, of which 30% is commercial and 17.2% industrial. The largest single district is Residential Zone at 41.5% of zoned land. 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… Residential zoning covers 48.1% and open space 0%.
Where does Realmo's Hart market data come from?
Realmo compiles Hart, MI figures from 2 recent recorded sales, 68 active sale listings, 4 active lease listings, 538 tracked off-market properties, the current Hart zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 68 active for-sale and 4 active for-lease listings in Hart, 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: 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 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
