Commercial Real Estate Market in Carroll, OH
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
10 active listings and 185 off-market properties in Carroll, OH.
Market Trends
Carroll, OH spans 35.4 square miles in Fairfield County, Ohio. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Carroll, 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 Carroll, OH runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Carroll, 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 Carroll, 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 84.6%
- Industrial 8.1%
- Commercial 4.2%
- Mixed use 3.1%
Largest Zones share of zoned land by district
Residential
Suburban Residential
Community Facilities
Historic Village Single Family Residential
Limited Industrial
Carroll, OH zones 420 acres across 8 districts. Commercial zoning covers 4.2% of zoned land, residential 84.6% and industrial 8.1%. The largest single district is Residential at 53.1%. For commercial buyers the practical constraint is that only 12.3% of land carries a commercial or industrial designation.
Suburban Residential (SR)
ICATION 24 ARTICLE X RR - RURAL RESIDENTIAL DISTRICT 10.01 PURPOSE 26 10.02 AGRICULTURE USES DEFINED 26 10.03 PERMITTED USES 26 10.04 ACCESSORY USES 26 10.05 CONDITIONAL USES 26 10.06 DEVELOPMENT STANDARDS 27 ARTICLE XI SR - SUBURBAN RESIDENTIAL DISTRICT 11.01 PURPOSE 28 11.02 PERMITTED USES 28 11.03 ACCESSORY USES 28 11.04 DEVELOPMENT STANDARDS 28 ARTICLE X…
Market overview
Demographics & Economy
Carroll, OH has 5,052 residents in 1,604 households. Density runs 143 people per square mile. Median household income here is $98,430 and median gross rent $955 a month.
5,052
Population
1,604
Households
3.1
Avg Household Size
45
Median Age
30%
College-Educated
97%
High-School Grad
35.4 sq mi
ZIP Area
143
Density / Sq Mi
$98,430
Median Household Income
$39,135
Median Earnings
$955
Median Rent
$338,100
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Cnl Wnchstr | — | $14.67 |
| Lithopolis | — | — |
| Pickerington | — | $20.67 |
| Lancaster | — | $77.68 |
Commercial property in Carroll, OH asks $120/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Carroll?
Commercial property in Carroll, OH asks an average of $120 per square foot. The 4 most recent recorded sales traded at a median of $251/SF.
What zoning applies to commercial property in Carroll?
Carroll, OH zones 420 acres across 8 districts, of which 4.2% is commercial and 8.1% industrial. The largest single district is Residential at 53.1% of zoned land. Residential zoning covers 84.6% and open space 0%.
Where does Realmo's Carroll market data come from?
Realmo compiles Carroll, OH figures from 4 recent recorded sales, 10 active sale listings, 185 tracked off-market properties, the current Carroll zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 10 active for-sale and 0 active for-lease listings in Carroll, 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: 420 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
