Commercial Real Estate Market in Muskegon Heights, MI
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
19 active listings and 3 off-market properties in Muskegon Heights, MI.
Market Trends
Muskegon Heights, MI spans 24.7 square miles in Muskegon County, Michigan. Figures below refresh monthly; last updated 31 August 2026.
Office
Office space in Muskegon Heights, MI asks $115/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 space in Muskegon Heights, MI asks $92/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 Muskegon Heights, 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 space in Muskegon Heights, MI asks $239/SF to buy. Vacancy runs 8% across the Midwest region in 2025, up from 6.5% in 2022.
Average Sale Price $/SF
Listings
Vacancy Rate % in Midwest region
Market overview
Demographics & Economy
Muskegon Heights, MI has 26,281 residents in 11,635 households. Density runs 1,065 people per square mile. Median household income here is $52,143 and median gross rent $941 a month.
26,281
Population
11,635
Households
2.3
Avg Household Size
38
Median Age
18%
College-Educated
91%
High-School Grad
24.7 sq mi
ZIP Area
1,065
Density / Sq Mi
$52,143
Median Household Income
$34,423
Median Earnings
$941
Median Rent
$159,200
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Roosevelt Park | — | — |
| Meskegon | — | — |
| Muskegon | — | $17.53 |
| Norton Shores | — | $25.14 |
Commercial property in Muskegon Heights, MI asks $181/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Muskegon Heights?
Commercial property in Muskegon Heights, MI asks an average of $181 per square foot. Multifamily carries the highest asking price at $239/SF.
Methodology & data sources
- Asking prices and averages
- Computed from 19 active for-sale and 0 active for-lease listings in Muskegon Heights, 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
