Commercial Real Estate Market in Washington Township, MI
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
78 active listings and 432 off-market properties in Washington Township, MI.
Market Trends
Washington Township, MI spans 34.5 square miles in Macomb County, Michigan. Figures below refresh monthly; last updated 31 August 2026.
Office
Office space in Washington Township, 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 Washington Township, MI asks $121/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 Washington 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%.
Vacancy Rate % in Midwest region
Multifamily
Multifamily space in Washington Township, MI asks $131/SF to buy. Vacancy runs 8% across the Midwest region in 2025, up from 6.5% in 2022.
Average Sale Price $/SF
Listings
Vacancy Rate % in Midwest region
Market overview
Demographics & Economy
Washington Township, MI has 25,925 residents in 10,381 households. Density runs 751 people per square mile. Median household income here is $102,152 and median gross rent $1,222 a month.
25,925
Population
10,381
Households
2.5
Avg Household Size
45
Median Age
36%
College-Educated
94%
High-School Grad
34.5 sq mi
ZIP Area
751
Density / Sq Mi
$102,152
Median Household Income
$49,693
Median Earnings
$1,222
Median Rent
$397,829
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Romeo | — | $12.08 |
| Shelby Township | — | — |
| Ray Township | — | — |
| Rochester Hills | — | $17.36 |
Frequently Asked Questions
Where does Realmo's Washington Township market data come from?
Realmo compiles Washington Township, MI figures from 5 recent recorded sales, 55 active sale listings, 23 active lease listings, 432 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 55 active for-sale and 23 active for-lease listings in Washington Township, 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
