Commercial Real Estate Market in Ashville, OH
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
18 active listings and 238 off-market properties in Ashville, OH.
Market Trends
Ashville, OH spans 83.6 square miles in Pickaway County, Ohio. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Ashville, 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 Ashville, OH runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Ashville, 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 Ashville, 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
- Residential 43.5%
- Industrial 29.2%
- Planned_development 17.7%
- Commercial 9.7%
Largest Zones share of zoned land by district
Limited Industry
Historic Residential
Planned Unit Development
Low Density Residential
Estate Residential
Ashville, OH zones 1,581 acres across 9 districts. Commercial zoning covers 9.7% of zoned land, residential 43.5% and industrial 29.2%. The largest single district is Limited Industry at 29.2%. For commercial buyers the practical constraint is that only 38.8% of land carries a commercial or industrial designation.
Limited Industry (LI)
LI - Limited Industrial FP - Flood Plain Overlay PUD - Planned Unit Development 1131.02 OFFICIAL ZONING MAP ESTABLISHED The locations and boundaries of the various Zoning Districts as defined herein shall be established by ordinance and shall be shown and delineated on the Zoning Map. The Zoning Map shall be maintained by the Service Department of the Villag…
Market overview
Demographics & Economy
Ashville, OH has 12,282 residents in 4,651 households. Density runs 147 people per square mile. Median household income here is $84,304 and median gross rent $1,052 a month.
12,282
Population
4,651
Households
2.6
Avg Household Size
38
Median Age
22%
College-Educated
91%
High-School Grad
83.6 sq mi
ZIP Area
147
Density / Sq Mi
$84,304
Median Household Income
$49,724
Median Earnings
$1,052
Median Rent
$236,900
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| South Bloomfield | — | — |
| Commercial Point | — | — |
| Circleville | — | $12.42 |
| Darbyville | — | — |
Commercial property in Ashville, OH asks $687/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Ashville?
Commercial property in Ashville, OH asks an average of $687 per square foot. The 3 most recent recorded sales traded at a median of $28/SF, so asking sits 2341% above the achieved median.
What zoning applies to commercial property in Ashville?
Ashville, OH zones 1,581 acres across 9 districts, of which 9.7% is commercial and 29.2% industrial. The largest single district is Limited Industry at 29.2% of zoned land. LI - Limited Industrial FP - Flood Plain Overlay PUD - Planned Unit Development 1131.02 OFFICIAL ZONING MAP ESTABLISHED The locations and boundaries of the various Zoning Districts as defined herein shall be established by ordinance and shall be shown and delineated on the Zoning Map. The Zoning Map shall be maintained by the Service Department of the Villag… Residential zoning covers 43.5% and open space 0%.
Where does Realmo's Ashville market data come from?
Realmo compiles Ashville, OH figures from 5 recent recorded sales, 14 active sale listings, 4 active lease listings, 238 tracked off-market properties, the current Ashville zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 14 active for-sale and 4 active for-lease listings in Ashville, 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: 1,581 zoned acres across 9 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, industrial vacancy is reported at Midwest region level and asking prices run materially above recent closed pricing.
- 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
