Commercial Real Estate Market in Northville, MI
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
79 active listings and 667 off-market properties in Northville, MI. Commercial property asks $74/SF to buy and $36.75/SF/Yr to lease.
Market Trends
Northville, MI spans 39.0 square miles in Wayne County, Michigan. Figures below refresh monthly; last updated 31 August 2026.
Office
Office space in Northville, MI asks $89/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 Northville, MI asks $78/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 Northville, 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 Northville, MI asks $61/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
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 83.1%
- Industrial 6%
- Commercial 5.9%
- Planned_development 4.9%
Largest Zones share of zoned land by district
First Density Residential District
First Density Residential District
Third Density Residential District
Planned Unit Development
Performance Regulated Industrial District
Northville, MI zones 1,303 acres across 15 districts. Commercial zoning covers 5.9% of zoned land, residential 83.1% and industrial 6%. The largest single district is First Density Residential District at 41.8%. For commercial buyers the practical constraint is that only 11.8% of land carries a commercial or industrial designation.
First Density Residential District (R-1B)
The R-1B District is designed to provide a single-family detached dwelling environment with supporting ancillary uses in areas of the community which at present are served by public utilities
Market overview
Demographics & Economy
Northville, MI has 49,588 residents in 20,053 households. Density runs 1,271 people per square mile. Median household income here is $145,716 and median gross rent $1,910 a month.
49,588
Population
20,053
Households
2.5
Avg Household Size
44
Median Age
65%
College-Educated
98%
High-School Grad
39 sq mi
ZIP Area
1,271
Density / Sq Mi
$145,716
Median Household Income
$80,480
Median Earnings
$1,910
Median Rent
$487,753
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Salem | — | — |
| South Lyon | — | $16.24 |
| Plymouth | $74 (county avg) | $19.16 |
| Novi | — | $17.06 |
Commercial property in Northville, MI asks $74/SF. That compares with $74/SF in Plymouth.
Frequently Asked Questions
What is the average price per square foot for commercial property in Northville?
Commercial property in Northville, MI asks an average of $74 per square foot. Office carries the highest asking price at $89/SF.
How much does it cost to lease commercial space in Northville?
Asking lease rates in Northville, MI average $36.75 per square foot per year.
How does Northville compare to nearby markets on price?
Northville, MI asks $74/SF against $74/SF in Plymouth.
What zoning applies to commercial property in Northville?
Northville, MI zones 1,303 acres across 15 districts, of which 5.9% is commercial and 6% industrial. The largest single district is First Density Residential District at 41.8% of zoned land. The R-1B District is designed to provide a single-family detached dwelling environment with supporting ancillary uses in areas of the community which at present are served by public utilities Residential zoning covers 83.1% and open space 0%.
Where does Realmo's Northville market data come from?
Realmo compiles Northville, MI figures from 3 recent recorded sales, 57 active sale listings, 22 active lease listings, 667 tracked off-market properties, the current Northville zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 57 active for-sale and 22 active for-lease listings in Northville, 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.
- Price per square foot
- The county-level $/SF blends closed sales aggregated over the trailing months of available data, not a single day's snapshot — it can differ from any one month's own median.
- 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: 1,303 zoned acres across 15 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
