Commercial Real Estate Market in Galena, OH
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
14 active listings and 164 off-market properties in Galena, OH.
Market Trends
Galena, OH spans 38.9 square miles in Delaware County, Ohio. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Galena, 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 Galena, OH runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Galena, 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 Galena, 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 63.6%
- Agricultural 18.1%
- Commercial 9.3%
- Open space 6.6%
- Industrial 2.4%
Largest Zones share of zoned land by district
Planned Residential District
Farm Residential District
Agricultural District
Planned Commercial And Office District
Planned Recreational District
Galena, OH zones 1,159 acres across 7 districts. Commercial zoning covers 9.3% of zoned land, residential 63.6%, open space 6.6% and industrial 2.4%. The largest single district is Planned Residential District at 37.8%. For commercial buyers the practical constraint is that only 11.7% of land carries a commercial or industrial designation.
Planned Residential District (PRD)
Article 15 - Planned Residence District (PRD) 15.01 - Purpose With increased urbanization and population growth comes increased demands for well-organized residential areas which take into account unique natural features, contemporary land use concepts, and a balanced residential environment. Recognizing that, Galena hereby provides for the Planned Residence…
Market overview
Demographics & Economy
Galena, OH has 14,622 residents in 5,082 households. Density runs 376 people per square mile. Median household income here is $160,120 and median gross rent $1,360 a month.
14,622
Population
5,082
Households
2.9
Avg Household Size
41
Median Age
60%
College-Educated
98%
High-School Grad
38.9 sq mi
ZIP Area
376
Density / Sq Mi
$160,120
Median Household Income
$76,317
Median Earnings
$1,360
Median Rent
$524,800
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Sunbury | — | — |
| Westerville | — | $14.94 |
| Lewis Center | — | — |
| Kilbourne | — | — |
Commercial property in Galena, OH asks $196/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Galena?
Commercial property in Galena, OH asks an average of $196 per square foot. The 3 most recent recorded sales traded at a median of $179/SF, so asking sits 10% above the achieved median.
What zoning applies to commercial property in Galena?
Galena, OH zones 1,159 acres across 7 districts, of which 9.3% is commercial and 2.4% industrial. The largest single district is Planned Residential District at 37.8% of zoned land. Article 15 - Planned Residence District (PRD) 15.01 - Purpose With increased urbanization and population growth comes increased demands for well-organized residential areas which take into account unique natural features, contemporary land use concepts, and a balanced residential environment. Recognizing that, Galena hereby provides for the Planned Residence… Residential zoning covers 63.6% and open space 6.6%.
Where does Realmo's Galena market data come from?
Realmo compiles Galena, OH figures from 6 recent recorded sales, 14 active sale listings, 164 tracked off-market properties, the current Galena zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 14 active for-sale and 0 active for-lease listings in Galena, 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: 1,159 zoned acres across 7 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
