Commercial Real Estate Market in Saint Joseph, MI
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
24 active listings and 1,128 off-market properties in Saint Joseph, MI. Commercial property asks $719/SF to buy and $16.58/SF/Yr to lease.
Market Trends
Saint Joseph, MI spans 24.1 square miles in Berrien County, Michigan. Figures below refresh monthly; last updated 31 August 2026.
Office
Office space in Saint Joseph, MI asks $131/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 Saint Joseph, MI asks $104/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 Saint Joseph, 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 Saint Joseph, MI runs 8% across the Midwest region in 2025, up from 6.5% in 2022.
Vacancy Rate % in Midwest region
Market overview
Demographics & Economy
Saint Joseph, MI has 24,047 residents in 11,468 households. Density runs 996 people per square mile. Median household income here is $101,763 and median gross rent $1,099 a month.
24,047
Population
11,468
Households
2.1
Avg Household Size
44
Median Age
49%
College-Educated
97%
High-School Grad
24.1 sq mi
ZIP Area
996
Density / Sq Mi
$101,763
Median Household Income
$58,316
Median Earnings
$1,099
Median Rent
$287,300
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Benton Harbor | — | $13.71 |
| Saint Joe | — | $13.71 |
| Stevensville | — | $14.19 |
| Riverside | — | — |
Commercial property in Saint Joseph, MI asks $719/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Saint Joseph?
Commercial property in Saint Joseph, MI asks an average of $719 per square foot. The 3 most recent recorded sales traded at a median of $99/SF, so asking sits 625% above the achieved median. Office carries the highest asking price at $131/SF.
How much does it cost to lease commercial space in Saint Joseph?
Asking lease rates in Saint Joseph, MI average $16.58 per square foot per year.
Where does Realmo's Saint Joseph market data come from?
Realmo compiles Saint Joseph, MI figures from 5 recent recorded sales, 20 active sale listings, 4 active lease listings, 1,128 tracked off-market properties. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 20 active for-sale and 4 active for-lease listings in Saint Joseph, 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, 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 31 August 2026 · report a data issue
