Commercial Real Estate Market in Cardington, OH
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
23 active listings and 234 off-market properties in Cardington, OH.
Market Trends
Cardington, OH spans 84.0 square miles in Morrow County, Ohio. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Cardington, 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 Cardington, OH runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Cardington, 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 Cardington, 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 78.9%
- Open space 8.5%
- Industrial 6.5%
- Planned_development 4.5%
- Commercial 1.6%
Largest Zones share of zoned land by district
Residential
Agricultural
Special
Manufacturing
Planned Unit Development
Cardington, OH zones 1,315 acres across 8 districts. Commercial zoning covers 1.6% of zoned land, residential 78.9%, open space 8.5% and industrial 6.5%. The largest single district is Residential at 41%. For commercial buyers the practical constraint is that only 8% of land carries a commercial or industrial designation.
Residential (R-1)
The purpose of the R-1 District is to provide an area for residential uses and those public and semi public uses normally considered an integral part of the residential neighborhood they serve
Market overview
Demographics & Economy
Cardington, OH has 7,090 residents in 2,950 households. Density runs 84 people per square mile. Median household income here is $69,621 and median gross rent $968 a month.
7,090
Population
2,950
Households
2.4
Avg Household Size
42
Median Age
13%
College-Educated
92%
High-School Grad
84 sq mi
ZIP Area
84
Density / Sq Mi
$69,621
Median Household Income
$40,642
Median Earnings
$968
Median Rent
$168,200
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Fulton | — | — |
| Edison | — | — |
| Ashley | — | — |
| Marengo | — | — |
Commercial property in Cardington, OH asks $48/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Cardington?
Commercial property in Cardington, OH asks an average of $48 per square foot.
What zoning applies to commercial property in Cardington?
Cardington, OH zones 1,315 acres across 8 districts, of which 1.6% is commercial and 6.5% industrial. The largest single district is Residential at 41% of zoned land. The purpose of the R-1 District is to provide an area for residential uses and those public and semi public uses normally considered an integral part of the residential neighborhood they serve Residential zoning covers 78.9% and open space 8.5%.
Where does Realmo's Cardington market data come from?
Realmo compiles Cardington, OH figures from 2 recent recorded sales, 23 active sale listings, 234 tracked off-market properties, the current Cardington zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 23 active for-sale and 0 active for-lease listings in Cardington, 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: 1,315 zoned acres across 8 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
