Commercial Real Estate Market in South Haven, MI
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
34 active listings and 1,188 off-market properties in South Haven, MI. Commercial property asks $175/SF to buy (based on 7 listings) and $11.00/SF/Yr to lease (based on 8 listings).
Market Trends
South Haven, MI spans 78.3 square miles in Van Buren County, Michigan. Figures below refresh monthly; last updated 31 October 2026.
Office
Office vacancy in South Haven, MI runs 21.3% across the Midwest region in 2025, up from 13.7% in 2019.
Retail
Retail space in South Haven, MI has a median asking sale price of $191/SF (based on 5 listings). Vacancy runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Industrial
Industrial vacancy in South Haven, 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 South Haven, MI runs 8% across the Midwest region in 2025, up from 6.5% in 2022.
Market overview
Demographics & Economy
South Haven, MI has 13,286 residents in 8,904 households. Density runs 170 people per square mile. Median household income here is $64,643 and median gross rent $914 a month.
Tools
Nearby Markets
| Market | Median Asking Price, $/SF | Median Asking Rent, $/SF/Yr |
|---|---|---|
| Bangor | $160 | — |
| Coloma | $185 | — |
| Hartford | $32 | — |
| Watervliet | $152 | — |
Commercial property in South Haven, MI asks $175/SF. The 4 bordering markets run from $32/SF in Hartford to $185/SF in Coloma, and the city sits above their $156/SF median.
Frequently Asked Questions
What is the median price per square foot for commercial property in South Haven?
How much does it cost to lease commercial space in South Haven?
How does South Haven compare to nearby markets on price?
Where does Realmo's South Haven market data come from?
Methodology & data sources
- Asking prices and medians
- There are 24 active for-sale and 10 active for-lease listings in South Haven, MI. The medians are based on 7 of the for-sale and 8 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
