Commercial Real Estate Market in Leroy, MI
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
18 active listings and 149 off-market properties in Leroy, MI.
Market Trends
Leroy, MI spans 87.8 square miles in Osceola County, Michigan. Figures below refresh monthly; last updated 31 August 2026.
Office
Office space in Leroy, MI asks $73/SF to buy. Vacancy runs 21.3% across the Midwest region in 2025, up from 13.7% in 2019.
Average Sale Price $/SF
Listings
Vacancy Rate % in Midwest region
Retail
Retail vacancy in Leroy, MI runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Leroy, 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 Leroy, MI runs 8% across the Midwest region in 2025, up from 6.5% in 2022.
Vacancy Rate % in Midwest region
Market overview
Demographics & Economy
Leroy, MI has 3,180 residents in 1,934 households. Density runs 36 people per square mile. Median household income here is $67,375 and median gross rent $813 a month.
3,180
Population
1,934
Households
1.6
Avg Household Size
42
Median Age
16%
College-Educated
91%
High-School Grad
87.8 sq mi
ZIP Area
36
Density / Sq Mi
$67,375
Median Household Income
$39,792
Median Earnings
$813
Median Rent
$171,800
Median Home Value
Tools
Nearby Markets
Methodology & data sources
- Asking prices and averages
- Computed from 18 active for-sale and 0 active for-lease listings in Leroy, 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
