Commercial Real Estate Market in Wixom, MI
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
48 active listings and 775 off-market properties in Wixom, MI. Commercial property asks $245/SF to buy (based on 4 listings) and $9.95/SF/Yr to lease.
Market Trends
Wixom, MI spans 13.6 square miles in Oakland County, Michigan. Figures below refresh monthly; last updated 31 October 2026.
Office
Office vacancy in Wixom, MI runs 21.3% across the Midwest region in 2025, up from 13.7% in 2019.
Retail
Retail vacancy in Wixom, MI runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Industrial
Industrial space in Wixom, MI has a median asking sale price of $205/SF (based on 3 listings). Vacancy 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 Wixom, MI runs 8% across the Midwest region in 2025, up from 6.5% in 2022.
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 44.3%
- Industrial 41.8%
- Planned_development 5.4%
- Commercial 4.4%
Largest Zones share of zoned land by district
Wixom, MI zones 5,638 acres across 22 districts. Commercial zoning covers 4.4% of zoned land, residential 44.3% and industrial 41.8%. The largest single district is Light Industrial at 34.1%. For commercial buyers the practical constraint is that only 46.2% of land carries a commercial or industrial designation.
The M-1 light industrial district is designed primarily to accommodate research and development, corporate office and light industrial uses, including wholesale activities, warehouses and industrial operations whose external, physical effects are restricted to the area of the district and in no manner affect in a detrimental way any of the surrounding distri…
Market overview
Demographics & Economy
Wixom, MI has 20,257 residents in 9,847 households. Density runs 1,492 people per square mile. Median household income here is $67,194 and median gross rent $975 a month.
Tools
Nearby Markets
| Market | Median Asking Price, $/SF | Median Asking Rent, $/SF/Yr |
|---|---|---|
| Novi | $130 | $18.00 |
| New Hudson | $107 | $26.00 |
| South Lyon | $245 | $18.00 |
| Milford | $136 | $14.50 |
Commercial property in Wixom, MI asks $245/SF. The 4 bordering markets run from $107/SF in New Hudson to $245/SF in South Lyon, and the city sits above their $133/SF median.
Frequently Asked Questions
What is the median price per square foot for commercial property in Wixom?
How much does it cost to lease commercial space in Wixom?
How does Wixom compare to nearby markets on price?
What zoning applies to commercial property in Wixom?
Where does Realmo's Wixom market data come from?
Methodology & data sources
- Asking prices and medians
- There are 10 active for-sale and 38 active for-lease listings in Wixom, MI. The medians are based on 4 of the for-sale and 21 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.
- Zoning and land use
- The current municipal zoning release: 5,638 zoned acres across 22 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 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
