Commercial Real Estate Market in Onsted, MI
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
16 active listings and 159 off-market properties in Onsted, MI.
Market Trends
Onsted, MI spans 32.4 square miles in Lenawee County, Michigan. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Onsted, 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 Onsted, MI asks $71/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 Onsted, 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 Onsted, 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
- Residential 91.8%
- Commercial 5.6%
- Industrial 2.6%
Largest Zones share of zoned land by district
Agricultural
Suburban Residential
Urban Residential
Multiple Family Residential
General Commercial
Onsted, MI zones 679 acres across 9 districts. Commercial zoning covers 5.6% of zoned land, residential 91.8% and industrial 2.6%. The largest single district is Agricultural at 60.4%. For commercial buyers the practical constraint is that only 8.2% of land carries a commercial or industrial designation.
Agricultural (AG-1)
This district is composed of areas of the village suited to agriculture and open space land uses. The regulations governing this district are designed to retain the open char- acter of the land and to that end the uses are limited primarily to agricultural activities, country residence, public buildings, community centers and open recreation uses.
Market overview
Demographics & Economy
Onsted, MI has 5,055 residents in 2,468 households. Density runs 156 people per square mile. Median household income here is $70,020 and median gross rent $903 a month.
5,055
Population
2,468
Households
2
Avg Household Size
49
Median Age
27%
College-Educated
95%
High-School Grad
32.4 sq mi
ZIP Area
156
Density / Sq Mi
$70,020
Median Household Income
$44,914
Median Earnings
$903
Median Rent
$245,100
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Tipton | — | — |
| Manitou Beach | — | — |
| Brooklyn | — | $12.75 |
| Addison | — | — |
Commercial property in Onsted, MI asks $64/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Onsted?
Commercial property in Onsted, MI asks an average of $64 per square foot. The 3 most recent recorded sales traded at a median of $53/SF, so asking sits 21% above the achieved median. Retail carries the highest asking price at $71/SF.
What zoning applies to commercial property in Onsted?
Onsted, MI zones 679 acres across 9 districts, of which 5.6% is commercial and 2.6% industrial. The largest single district is Agricultural at 60.4% of zoned land. This district is composed of areas of the village suited to agriculture and open space land uses. The regulations governing this district are designed to retain the open char- acter of the land and to that end the uses are limited primarily to agricultural activities, country residence, public buildings, community centers and open recreation uses. Residential zoning covers 91.8% and open space 0%.
Where does Realmo's Onsted market data come from?
Realmo compiles Onsted, MI figures from 6 recent recorded sales, 16 active sale listings, 159 tracked off-market properties, the current Onsted zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 16 active for-sale and 0 active for-lease listings in Onsted, 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: 679 zoned acres across 9 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
