Commercial Real Estate Market in Jonesville, MI
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
20 active listings and 345 off-market properties in Jonesville, MI.
Market Trends
Jonesville, MI spans 78.7 square miles in Hillsdale County, Michigan. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Jonesville, 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 Jonesville, MI asks $82/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 Jonesville, 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 Jonesville, 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 60.4%
- Industrial 22.4%
- Commercial 17.2%
Largest Zones share of zoned land by district
Single Family Residential
Light Industrial
Highway Commercial
Single Family Residential
Single Family Residential
Jonesville, MI zones 1,819 acres across 8 districts. Commercial zoning covers 17.2% of zoned land, residential 60.4% and industrial 22.4%. The largest single district is Single Family Residential at 41.4%. For commercial buyers the practical constraint is that only 39.6% of land carries a commercial or industrial designation.
Market overview
Demographics & Economy
Jonesville, MI has 5,994 residents in 2,560 households. Density runs 76 people per square mile. Median household income here is $61,918 and median gross rent $774 a month.
5,994
Population
2,560
Households
2.3
Avg Household Size
43
Median Age
19%
College-Educated
91%
High-School Grad
78.7 sq mi
ZIP Area
76
Density / Sq Mi
$61,918
Median Household Income
$40,625
Median Earnings
$774
Median Rent
$159,300
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Mosherville | — | — |
| Allen | — | — |
| Litchfield | — | — |
| North Adams | — | — |
Commercial property in Jonesville, MI asks $39/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Jonesville?
Commercial property in Jonesville, MI asks an average of $39 per square foot. Retail carries the highest asking price at $82/SF.
What zoning applies to commercial property in Jonesville?
Jonesville, MI zones 1,819 acres across 8 districts, of which 17.2% is commercial and 22.4% industrial. The largest single district is Single Family Residential at 41.4% of zoned land. Residential zoning covers 60.4% and open space 0%.
Where does Realmo's Jonesville market data come from?
Realmo compiles Jonesville, MI figures from 6 recent recorded sales, 20 active sale listings, 345 tracked off-market properties, the current Jonesville zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 20 active for-sale and 0 active for-lease listings in Jonesville, 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: 1,819 zoned acres across 8 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
