Commercial Real Estate Market in Thompsonville, MI
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
24 active listings and 110 off-market properties in Thompsonville, MI.
Market Trends
Thompsonville, MI spans 86.6 square miles in Benzie County, Michigan. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Thompsonville, MI runs 21.3% across the Midwest region in 2025, up from 13.7% in 2019.
Vacancy Rate % in Midwest region
Retail
Retail vacancy in Thompsonville, MI runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Thompsonville, 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 Thompsonville, 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 86.4%
- Industrial 6.9%
- Commercial 6.7%
Largest Zones share of zoned land by district
Medium Residential District
Rural Residential District 2
High Density Residential District
Light Industrial District
Local Commercial District
Thompsonville, MI zones 637 acres across 5 districts. Commercial zoning covers 6.7% of zoned land, residential 86.4% and industrial 6.9%. The largest single district is Medium Residential District at 41.4%. For commercial buyers the practical constraint is that only 13.6% of land carries a commercial or industrial designation.
Light Industrial District (I-1)
The purpose of I-1 district is to provide for a variety of manufacturing and other industrial uses that can be generally characterized as being of low intensity, including comparatively small building sizes and the absence of objectionable external effects.
Market overview
Demographics & Economy
Thompsonville, MI has 2,114 residents in 1,662 households. Density runs 24 people per square mile. Median household income here is $57,875 and median gross rent $785 a month.
2,114
Population
1,662
Households
1.3
Avg Household Size
49
Median Age
20%
College-Educated
88%
High-School Grad
86.6 sq mi
ZIP Area
24
Density / Sq Mi
$57,875
Median Household Income
$32,361
Median Earnings
$785
Median Rent
$173,500
Median Home Value
Tools
Nearby Markets
Frequently Asked Questions
What zoning applies to commercial property in Thompsonville?
Thompsonville, MI zones 637 acres across 5 districts, of which 6.7% is commercial and 6.9% industrial. The largest single district is Medium Residential District at 41.4% of zoned land. Residential zoning covers 86.4% and open space 0%.
Where does Realmo's Thompsonville market data come from?
Realmo compiles Thompsonville, MI figures from 24 active sale listings, 110 tracked off-market properties, the current Thompsonville zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 24 active for-sale and 0 active for-lease listings in Thompsonville, 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: 637 zoned acres across 5 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
