Commercial Real Estate Market in Middleville, MI
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
20 active listings and 179 off-market properties in Middleville, MI. Commercial property asks $394/SF to buy and $12.00/SF/Yr to lease.
Market Trends
Middleville, MI spans 79.2 square miles in Barry County, Michigan. Figures below refresh monthly; last updated 30 September 2026.
Office
Office vacancy in Middleville, 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 Middleville, MI asks $119/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 Middleville, 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 Middleville, 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
- Civic 35.4%
- Residential 34.7%
- Planned_development 8.4%
- Industrial 8%
- Open space 7.3%
- Commercial 6.3%
Largest Zones share of zoned land by district
Low Density Single Family District
Medium Density Single Family District
Agricultural District
Planned Unit Development
Natural River District
Low Density Single Family District (R-1)
It is intended for low density single-family residential uses, together with associated recreational and religious uses, and schools.
Market overview
Demographics & Economy
Middleville, MI has 13,427 residents in 5,206 households. Density runs 170 people per square mile. Median household income here is $95,577 and median gross rent $1,129 a month.
13,427
Population
5,206
Households
2.6
Avg Household Size
36
Median Age
33%
College-Educated
95%
High-School Grad
79.2 sq mi
ZIP Area
170
Density / Sq Mi
$95,577
Median Household Income
$51,053
Median Earnings
$1,129
Median Rent
$295,900
Median Home Value
Tools
Frequently Asked Questions
What is the average price per square foot for commercial property in Middleville?
Commercial property in Middleville, MI asks an average of $394 per square foot. The 4 most recent recorded sales traded at a median of $78/SF, so asking sits 407% above the achieved median. Retail carries the highest asking price at $119/SF.
How much does it cost to lease commercial space in Middleville?
Asking lease rates in Middleville, MI average $12.00 per square foot per year.
Where does Realmo's Middleville market data come from?
Realmo compiles Middleville, MI figures from 6 recent recorded sales, 19 active sale listings, 1 active lease listings, 179 tracked off-market properties, the current Middleville zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 19 active for-sale and 1 active for-lease listings in Middleville, 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: 1,639 zoned acres across 12 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 30 September 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, industrial vacancy is reported at Midwest region level and asking prices run materially above recent closed pricing.
- 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 30 September 2026 · report a data issue
