Commercial Real Estate Market in Caledonia, OH
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
4 active listings and 90 off-market properties in Caledonia, OH.
Market Trends
Caledonia, OH spans 54.3 square miles in Marion County, Ohio. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Caledonia, 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 Caledonia, OH runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Caledonia, 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 Caledonia, 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 78.8%
- Commercial 12.7%
- Industrial 6.9%
- Open space 1.6%
Largest Zones share of zoned land by district
One And Two Family Residence District
Business District
Industrial District
General Residence District
Conservation District
Caledonia, OH zones 146 acres across 5 districts. Commercial zoning covers 12.7% of zoned land, residential 78.8%, open space 1.6% and industrial 6.9%. The largest single district is One And Two Family Residence District at 78.8%. For commercial buyers the practical constraint is that only 19.6% of land carries a commercial or industrial designation.
Market overview
Demographics & Economy
Caledonia, OH has 3,096 residents in 1,135 households. Density runs 57 people per square mile. Median household income here is $56,042 and median gross rent $790 a month.
3,096
Population
1,135
Households
2.7
Avg Household Size
42
Median Age
7%
College-Educated
89%
High-School Grad
54.3 sq mi
ZIP Area
57
Density / Sq Mi
$56,042
Median Household Income
$41,514
Median Earnings
$790
Median Rent
$179,700
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Martel | — | — |
| Edison | — | — |
| Sugar Grove Lake | — | — |
| Marion | — | $13.50 |
Frequently Asked Questions
What zoning applies to commercial property in Caledonia?
Caledonia, OH zones 146 acres across 5 districts, of which 12.7% is commercial and 6.9% industrial. The largest single district is One And Two Family Residence District at 78.8% of zoned land. Residential zoning covers 78.8% and open space 1.6%.
Where does Realmo's Caledonia market data come from?
Realmo compiles Caledonia, OH figures from 8 recent recorded sales, 4 active sale listings, 90 tracked off-market properties, the current Caledonia zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 4 active for-sale and 0 active for-lease listings in Caledonia, 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: 146 zoned acres across 5 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
