Commercial Real Estate Market in Levering, MI
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
15 active listings and 71 off-market properties in Levering, MI.
Market Trends
Levering, MI spans 102.4 square miles in Emmet County, Michigan. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Levering, 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 Levering, MI asks $224/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 Levering, 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 Levering, MI runs 8% across the Midwest region in 2025, up from 6.5% in 2022.
Vacancy Rate % in Midwest region
Market overview
Demographics & Economy
Levering, MI has 1,847 residents in 1,303 households. Density runs 18 people per square mile. Median household income here is $61,121 and median gross rent $894 a month.
1,847
Population
1,303
Households
1.4
Avg Household Size
51
Median Age
22%
College-Educated
93%
High-School Grad
102.4 sq mi
ZIP Area
18
Density / Sq Mi
$61,121
Median Household Income
$34,676
Median Earnings
$894
Median Rent
$171,400
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Carp Lake | — | — |
| Pellston | — | — |
| Mackinac City | — | — |
| Cross Village | — | — |
Commercial property in Levering, MI asks $729/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Levering?
Commercial property in Levering, MI asks an average of $729 per square foot. Retail carries the highest asking price at $224/SF.
Methodology & data sources
- Asking prices and averages
- Computed from 15 active for-sale and 0 active for-lease listings in Levering, 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
