Commercial Real Estate Market in Ashley, OH
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
5 active listings and 112 off-market properties in Ashley, OH.
Market Trends
Ashley, OH spans 33.8 square miles in Delaware County, Ohio. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Ashley, OH runs 21.3% across the Midwest region in 2025, up from 13.7% in 2019.
Vacancy Rate % in Midwest region
Retail
Retail vacancy in Ashley, OH runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Ashley, OH 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 Ashley, OH 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
- Commercial 41.1%
- Residential 27%
- Open space 22.7%
- Mixed use 6.8%
- Industrial 2.4%
Largest Zones share of zoned land by district
Village Pattern Residential District
Green Space District
Homestead Residential District
Historic Residential District
Community Civic Use District
Ashley, OH zones 422 acres across 10 districts. Commercial zoning covers 41.1% of zoned land, residential 27%, open space 22.7% and industrial 2.4%. The largest single district is Village Pattern Residential District at 39.4%. For commercial buyers the practical constraint is that only 43.5% of land carries a commercial or industrial designation.
Green Space District (GS)
I) Administrative Review - All plats, construction drawin gs, restrictive covenants and other necessary documents shall be submitted to the Zoning Inspector, the Zoning Commission or their designated technical advisors for an administrative review to ensure substantial compliance with the development plan as approved, prior to issuance of a zoning certificat…
Market overview
Demographics & Economy
Ashley, OH has 2,776 residents in 1,492 households. Density runs 82 people per square mile. Median household income here is $66,643 and median gross rent $986 a month.
2,776
Population
1,492
Households
1.9
Avg Household Size
42
Median Age
19%
College-Educated
94%
High-School Grad
33.8 sq mi
ZIP Area
82
Density / Sq Mi
$66,643
Median Household Income
$41,368
Median Earnings
$986
Median Rent
$198,300
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Kilbourne | — | — |
| Waldo | — | — |
| Cardington | — | — |
| Fulton | — | — |
Commercial property in Ashley, OH asks $3/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Ashley?
Commercial property in Ashley, OH asks an average of $3 per square foot. The 5 most recent recorded sales traded at a median of $78/SF.
What zoning applies to commercial property in Ashley?
Ashley, OH zones 422 acres across 10 districts, of which 41.1% is commercial and 2.4% industrial. The largest single district is Village Pattern Residential District at 39.4% of zoned land. Residential zoning covers 27% and open space 22.7%.
Where does Realmo's Ashley market data come from?
Realmo compiles Ashley, OH figures from 6 recent recorded sales, 5 active sale listings, 112 tracked off-market properties, the current Ashley zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 5 active for-sale and 0 active for-lease listings in Ashley, OH. 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: 422 zoned acres across 10 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
