Commercial Real Estate Market in Howell, MI
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
53 active listings and 1,558 off-market properties in Howell, MI. Commercial property asks $125/SF to buy (based on 9 listings) and $17.00/SF/Yr to lease.
Market Trends
Howell, MI spans 180.7 square miles in Livingston County, Michigan. Figures below refresh monthly; last updated 31 October 2026.
Office
Office space in Howell, MI has a median asking sale price of $181/SF (based on 5 listings). Vacancy runs 21.3% across the Midwest region in 2025, up from 13.7% in 2019.
Retail
Retail vacancy in Howell, MI runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Industrial
Industrial space in Howell, MI has a median asking sale price of $125/SF (based on 4 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 Howell, 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 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
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.
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.
Tools
Nearby Markets
| Market | Median Asking Price, $/SF | Median Asking Rent, $/SF/Yr |
|---|---|---|
| Brighton | $156 | $17.00 |
| Putnam Township | $262 | $13.66 |
Commercial property in Howell, MI asks $125/SF. The 2 bordering markets run from $156/SF in Brighton to $262/SF in Putnam Township, and the city sits below their $209/SF median.
Frequently Asked Questions
What is the median price per square foot for commercial property in Howell?
How much does it cost to lease commercial space in Howell?
How does Howell compare to nearby markets on price?
What zoning applies to commercial property in Howell?
Where does Realmo's Howell market data come from?
Methodology & data sources
- Asking prices and medians
- There are 20 active for-sale and 33 active for-lease listings in Howell, MI. The medians are based on 9 of the for-sale and 16 of the for-lease listings, those that state a price or rent per square foot. 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: 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 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