Commercial Real Estate Market in Canal Winchester, OH
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
88 active listings and 542 off-market properties in Canal Winchester, OH. Commercial property asks $40/SF to buy and $14.67/SF/Yr to lease.
Market Trends
Canal Winchester, OH spans 46.7 square miles in Franklin County, Ohio. Figures below refresh monthly; last updated 30 September 2026.
Office
Office vacancy in Canal Winchester, 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 Canal Winchester, OH runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Canal Winchester, 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 Canal Winchester, OH runs 8% across the Midwest region in 2025, up from 6.5% in 2022.
Vacancy Rate % in Midwest region
Market overview
Demographics & Economy
Canal Winchester, OH has 40,953 residents in 17,352 households. Density runs 877 people per square mile. Median household income here is $76,334 and median gross rent $1,218 a month.
40,953
Population
17,352
Households
2.4
Avg Household Size
35
Median Age
36%
College-Educated
93%
High-School Grad
46.7 sq mi
ZIP Area
877
Density / Sq Mi
$76,334
Median Household Income
$48,216
Median Earnings
$1,218
Median Rent
$284,300
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Cnl Wnchstr | — | $14.67 |
| Pickerington | — | $18.20 |
| Carroll | — | — |
Commercial property in Canal Winchester, OH asks $40/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Canal Winchester?
Commercial property in Canal Winchester, OH asks an average of $40 per square foot. The 6 most recent recorded sales traded at a median of $329/SF.
How much does it cost to lease commercial space in Canal Winchester?
Asking lease rates in Canal Winchester, OH average $14.67 per square foot per year.
Where does Realmo's Canal Winchester market data come from?
Realmo compiles Canal Winchester, OH figures from 8 recent recorded sales, 60 active sale listings, 28 active lease listings, 542 tracked off-market properties. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 60 active for-sale and 28 active for-lease listings in Canal Winchester, 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 30 September 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 30 September 2026 · report a data issue
