Commercial Real Estate Market in Ira, MI
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
8 active listings and 318 off-market properties in Ira, MI.
Market Trends
Ira, MI spans 17.0 square miles in St. Clair County, Michigan. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Ira, 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 Ira, MI asks $106/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 Ira, 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 Ira, MI runs 8% across the Midwest region in 2025, up from 6.5% in 2022.
Vacancy Rate % in Midwest region
Market overview
Demographics & Economy
Ira, MI has 4,967 residents in 2,375 households. Density runs 291 people per square mile. Median household income here is $79,345 and median gross rent $1,277 a month.
4,967
Population
2,375
Households
2.1
Avg Household Size
45
Median Age
22%
College-Educated
93%
High-School Grad
17 sq mi
ZIP Area
291
Density / Sq Mi
$79,345
Median Household Income
$35,449
Median Earnings
$1,277
Median Rent
$236,600
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Ira Township | — | $11.13 |
| Fair Haven | — | — |
| Anchorville | — | — |
| New Baltimore | — | $15.58 |
Frequently Asked Questions
How much does it cost to lease commercial space in Ira?
Asking lease rates in Ira, MI average $10.00 per square foot per year.
Where does Realmo's Ira market data come from?
Realmo compiles Ira, MI figures from 4 recent recorded sales, 7 active sale listings, 1 active lease listings, 318 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 7 active for-sale and 1 active for-lease listings in Ira, 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
