Commercial Real Estate Market in Putnam Township, MI
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
18 active listings and 298 off-market properties in Putnam Township, MI. Commercial property asks $262/SF to buy (based on 4 listings) and $13.66/SF/Yr to lease (based on 5 listings).
Market Trends
Figures below refresh monthly; last updated 31 October 2026.
Office
Office vacancy in Putnam Township, MI runs 21.3% across the Midwest region in 2025, up from 13.7% in 2019.
Retail
Retail vacancy in Putnam Township, MI runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Industrial
Industrial vacancy in Putnam Township, 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%.
Multifamily
Multifamily vacancy in Putnam Township, MI runs 8% across the Midwest region in 2025, up from 6.5% in 2022.
Market overview
Tools
Nearby Markets
Commercial property in Putnam Township, MI asks $262/SF. The 2 bordering markets run from $125/SF in Howell to $316/SF in Dexter, and the city sits above their $221/SF median.
Frequently Asked Questions
What is the median price per square foot for commercial property in Putnam Township?
How much does it cost to lease commercial space in Putnam Township?
How does Putnam Township compare to nearby markets on price?
Where does Realmo's Putnam Township market data come from?
Methodology & data sources
- Asking prices and medians
- There are 8 active for-sale and 10 active for-lease listings in Putnam Township, MI. The medians are based on 4 of the for-sale and 5 of the for-lease listings, those that state a price or rent per square foot. These are ASKING figures from live listings, not closed-transaction prices, and a figure resting on fewer than 10 listings says so where it is quoted.
- 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 October 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 October 2026 · How Realmo checks market page data · Report a data issue
