Commercial Real Estate Market in Delaware, OH
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
66 active listings and 1,713 off-market properties in Delaware, OH. Commercial property asks $126/SF to buy (based on 6 listings) and $15.00/SF/Yr to lease.
Market Trends
Delaware, OH spans 127.9 square miles in Delaware County, Ohio. Figures below refresh monthly; last updated 31 October 2026.
Office
Office vacancy in Delaware, OH runs 21.3% across the Midwest region in 2025, up from 13.7% in 2019.
Retail
Retail vacancy in Delaware, OH runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Industrial
Industrial vacancy in Delaware, 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 Delaware, 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 49.6%
- Industrial 15.4%
- Agricultural 11.8%
- Commercial 11.1%
- Mixed use 8.7%
- Planned_development 3.1%
Largest Zones share of zoned land by district
Delaware, OH zones 12,231 acres across 16 districts. Commercial zoning covers 11.1% of zoned land, residential 49.6% and industrial 15.4%. The largest single district is Single Family Residential District at 36%. For commercial buyers the practical constraint is that only 26.5% of land carries a commercial or industrial designation.
Residential districts (A-1, R-SF, R-NT, R-NX, R-MF) and their regulations are established to achieve, among others the following purposes: (a) To provide residential areas for neighborhoods consistent with the land use designations of the City of Delaware Comprehensive Plan. (b) To meet the goals and objectives of the City of Delaware Comprehensive Plan. (c)…
Market overview
Demographics & Economy
Delaware, OH has 57,563 residents in 23,287 households. Density runs 450 people per square mile. Median household income here is $99,622 and median gross rent $1,207 a month.
Tools
Frequently Asked Questions
What is the median price per square foot for commercial property in Delaware?
How much does it cost to lease commercial space in Delaware?
What zoning applies to commercial property in Delaware?
Where does Realmo's Delaware market data come from?
Methodology & data sources
- Asking prices and medians
- There are 25 active for-sale and 41 active for-lease listings in Delaware, OH. The medians are based on 6 of the for-sale and 12 of the for-lease listings, those that state a price or rent per square foot. 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: 12,231 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
