Commercial Real Estate Market in Howell, MI
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
144 active listings and 1,558 off-market properties in Howell, MI. Commercial property asks $137/SF to buy and $41.36/SF/Yr to lease.
Market Trends
Howell, MI spans 180.7 square miles in Livingston County, Michigan. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Howell, 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 Howell, MI runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Howell, 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 Howell, 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 46.7%
- Industrial 18.7%
- Planned_development 14.6%
- Commercial 10.7%
- Mixed use 2.1%
- Civic 0.2%
Largest Zones share of zoned land by district
Single Family Residential
Light Industrial
Planned Unit Development
Multifamily Residential
General Business
Howell, MI zones 3,296 acres across 18 districts. Commercial zoning covers 10.7% of zoned land, residential 46.7% and industrial 18.7%. The largest single district is Single Family Residential at 36.6%. For commercial buyers the practical constraint is that only 29.4% of land carries a commercial or industrial designation.
Single Family Residential (R-1)
R-1, One-Family Residential Districts are designed to provide for one-family dwelling sites and residentially related uses in keeping with the density character of the City.
Market overview
Demographics & Economy
Howell, MI has 64,360 residents in 25,295 households. Density runs 356 people per square mile. Median household income here is $94,967 and median gross rent $1,289 a month.
64,360
Population
25,295
Households
2.5
Avg Household Size
41
Median Age
37%
College-Educated
96%
High-School Grad
180.7 sq mi
ZIP Area
356
Density / Sq Mi
$94,967
Median Household Income
$50,043
Median Earnings
$1,289
Median Rent
$321,573
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Fowlerville | — | $8.97 |
| Hamburg Township | — | — |
| Hartland | — | — |
| Brighton Twp | — | — |
Commercial property in Howell, MI asks $137/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Howell?
Commercial property in Howell, MI asks an average of $137 per square foot. The 6 most recent recorded sales traded at a median of $131/SF, so asking sits 4% above the achieved median.
How much does it cost to lease commercial space in Howell?
Asking lease rates in Howell, MI average $41.36 per square foot per year.
What zoning applies to commercial property in Howell?
Howell, MI zones 3,296 acres across 18 districts, of which 10.7% is commercial and 18.7% industrial. The largest single district is Single Family Residential at 36.6% of zoned land. R-1, One-Family Residential Districts are designed to provide for one-family dwelling sites and residentially related uses in keeping with the density character of the City. Residential zoning covers 46.7% and open space 0%.
Where does Realmo's Howell market data come from?
Realmo compiles Howell, MI figures from 6 recent recorded sales, 106 active sale listings, 38 active lease listings, 1,558 tracked off-market properties, the current Howell zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 106 active for-sale and 38 active for-lease listings in Howell, 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: 3,296 zoned acres across 18 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
