Commercial Real Estate Market in Chesterville, OH
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
6 active listings and 21 off-market properties in Chesterville, OH.
Market Trends
Chesterville, OH spans 0.2 square miles in Morrow County, Ohio. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Chesterville, 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 Chesterville, OH runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Chesterville, 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 Chesterville, 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 99%
- Commercial 1%
Largest Zones share of zoned land by district
Family Residence
Family Residence Conditional Use
General Business
Chesterville, OH zones 156 acres across 3 districts. Commercial zoning covers 1% of zoned land, residential 99%. The largest single district is Family Residence at 89.4%. For commercial buyers the practical constraint is that only 1% of land carries a commercial or industrial designation.
Family Residence (R-1)
The purpose of the R-1 Family 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
Chesterville, OH has 184 residents in 84 households. Density runs 836 people per square mile. Median household income here is $53,304 and median gross rent $971 a month.
184
Population
84
Households
2.2
Avg Household Size
43
Median Age
20%
College-Educated
89%
High-School Grad
0.2 sq mi
ZIP Area
836
Density / Sq Mi
$53,304
Median Household Income
$47,500
Median Earnings
$971
Median Rent
$116,700
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Sparta | — | — |
| Fredricktwn | — | — |
| Fredericktown | — | — |
| Fulton | — | — |
Commercial property in Chesterville, OH asks $302/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Chesterville?
Commercial property in Chesterville, OH asks an average of $302 per square foot.
What zoning applies to commercial property in Chesterville?
Chesterville, OH zones 156 acres across 3 districts, of which 1% is commercial and 0% industrial. The largest single district is Family Residence at 89.4% of zoned land. The purpose of the R-1 Family 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 99% and open space 0%.
Where does Realmo's Chesterville market data come from?
Realmo compiles Chesterville, OH figures from 6 active sale listings, 21 tracked off-market properties, the current Chesterville zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 6 active for-sale and 0 active for-lease listings in Chesterville, 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: 156 zoned acres across 3 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
