Commercial Real Estate Market in South Haven, MI
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
155 active listings and 1,188 off-market properties in South Haven, MI. Commercial property asks $15/SF to buy and $19.78/SF/Yr to lease.
Market Trends
South Haven, MI spans 78.3 square miles in Van Buren County, Michigan. Figures below refresh monthly; last updated 31 August 2026.
Office
Office space in South Haven, MI asks $141/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 South Haven, MI asks $128/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 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%.
Vacancy Rate % in Midwest region
Multifamily
Multifamily vacancy in South Haven, MI runs 8% across the Midwest region in 2025, up from 6.5% in 2022.
Vacancy Rate % in Midwest region
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.
13,286
Population
8,904
Households
1.5
Avg Household Size
49
Median Age
31%
College-Educated
89%
High-School Grad
78.3 sq mi
ZIP Area
170
Density / Sq Mi
$64,643
Median Household Income
$40,067
Median Earnings
$914
Median Rent
$251,500
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Lacota | — | — |
| Covert | — | — |
| Glenn | — | — |
| Bangor | — | — |
Commercial property in South Haven, MI asks $15/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in South Haven?
Commercial property in South Haven, MI asks an average of $15 per square foot. Office carries the highest asking price at $141/SF.
How much does it cost to lease commercial space in South Haven?
Asking lease rates in South Haven, MI average $19.78 per square foot per year.
Where does Realmo's South Haven market data come from?
Realmo compiles South Haven, MI figures from 143 active sale listings, 12 active lease listings, 1,188 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 143 active for-sale and 12 active for-lease listings in South Haven, 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 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
