Commercial Real Estate Market in Centerville, OH
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
10 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 October 2026.
Office
Office vacancy in Centerville, OH runs 21.3% across the Midwest region in 2025, up from 13.7% in 2019.
Retail
Retail vacancy in Centerville, OH runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
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%.
Multifamily
Multifamily vacancy in Centerville, OH runs 8% across the Midwest region in 2025, up from 6.5% in 2022.
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
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.
Tools
Nearby Markets
| Market | Median Asking Price, $/SF | Median Asking Rent, $/SF/Yr |
|---|---|---|
| Kettering | $106 | — |
| Miamisburg | $93 | — |
Commercial property in Centerville, OH asks $141/SF. The 2 bordering markets run from $93/SF in Miamisburg to $106/SF in Kettering, and the city sits above their $99/SF median.
Frequently Asked Questions
What is the median price per square foot for commercial property in Centerville?
How does Centerville compare to nearby markets on price?
Where does Realmo's Centerville market data come from?
Methodology & data sources
- Asking prices and medians
- There are 5 active for-sale and 5 active for-lease listings in Centerville, OH. The sale median is based on 3 of the for-sale listings that state a price per square foot; too few for-lease listings state a rent per square foot for a rent median. These are ASKING figures from live listings, not closed-transaction prices, and a figure resting on fewer than 10 listings says so where it is quoted.
- 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 October 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 October 2026 · How Realmo checks market page data · Report a data issue
