Commercial Real Estate Market in Centerville, OH
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
14 active listings and 155 off-market properties in Centerville, OH.
Market Trends
Centerville, OH spans 53.2 square miles in Montgomery County, Ohio. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Centerville, 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 Centerville, OH runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Centerville, 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 Centerville, 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 64.6%
- Planned_development 28.3%
- Industrial 1.9%
- Agricultural 1.6%
- Special 1.6%
- Commercial 1.2%
- Civic 0.9%
Largest Zones share of zoned land by district
Single Family Residential
Residential Planned Development
Single Family Residential
Business Planned Development
Office Planned Development
Residential Planned Development (R-PD)
R-PD, Residential Planned Development; O-S, Office Service, O-PD, Office Planned Development; B-1 Neighborhood Business, B-2 General Business, B-PD, Business Planned Development; APD, Architectural Preservation District; I-1, Light Industrial District, and I-PD, Industrial Planned Development Districts. (Ord. 17-16, 07-18, 20-22) 3. Non-Residential Use in a…
Market overview
Demographics & Economy
Centerville, OH has 114,008 residents in 52,676 households. Density runs 2,144 people per square mile. Median household income here is $92,131 and median gross rent $1,164 a month.
114,008
Population
52,676
Households
2.2
Avg Household Size
44
Median Age
52%
College-Educated
97%
High-School Grad
53.2 sq mi
ZIP Area
2,144
Density / Sq Mi
$92,131
Median Household Income
$56,188
Median Earnings
$1,164
Median Rent
$277,426
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Washington Township | — | — |
| Bellbrook | — | — |
| Lytle | — | — |
| Beavercreek Township | — | — |
Frequently Asked Questions
Where does Realmo's Centerville market data come from?
Realmo compiles Centerville, OH figures from 4 recent recorded sales, 8 active sale listings, 6 active lease listings, 155 tracked off-market properties, the current Centerville zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 8 active for-sale and 6 active for-lease listings in Centerville, 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: 6,116 zoned acres across 16 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
