Commercial Real Estate Market in Boardman, OH
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
43 active listings and 209 off-market properties in Boardman, OH. Commercial property asks $70/SF to buy and $24.84/SF/Yr to lease.
Market Trends
Boardman, OH spans 17.0 square miles in Mahoning County, Ohio. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Boardman, 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 Boardman, OH runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Boardman, 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 space in Boardman, OH asks $74/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
Boardman, OH has 33,282 residents in 15,770 households. Density runs 1,956 people per square mile. Median household income here is $62,311 and median gross rent $788 a month.
33,282
Population
15,770
Households
2.1
Avg Household Size
44
Median Age
35%
College-Educated
94%
High-School Grad
17 sq mi
ZIP Area
1,956
Density / Sq Mi
$62,311
Median Household Income
$38,828
Median Earnings
$788
Median Rent
$158,800
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Poland | — | — |
| Cornersburg | — | — |
| Struthers | — | — |
| Youngstown | — | — |
Commercial property in Boardman, OH asks $70/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Boardman?
Commercial property in Boardman, OH asks an average of $70 per square foot. The 7 most recent recorded sales traded at a median of $135/SF. Multifamily carries the highest asking price at $74/SF.
How much does it cost to lease commercial space in Boardman?
Asking lease rates in Boardman, OH average $24.84 per square foot per year.
Where does Realmo's Boardman market data come from?
Realmo compiles Boardman, OH figures from 7 recent recorded sales, 37 active sale listings, 6 active lease listings, 209 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 37 active for-sale and 6 active for-lease listings in Boardman, 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.
- 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
