Commercial Real Estate Market in Galion, OH
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
48 active listings and 1,052 off-market properties in Galion, OH.
Market Trends
Galion, OH spans 90.4 square miles in Crawford County, Ohio. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Galion, 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 Galion, OH runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Galion, 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 Galion, 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 55.8%
- Industrial 25.8%
- Commercial 12.2%
- Mixed use 3.1%
- Civic 2.9%
Largest Zones share of zoned land by district
Historical Neighborhood Single Family Residential
General Industrial
Rural Estate
Industrial Park
General Commercial
Galion, OH zones 4,707 acres across 16 districts. Commercial zoning covers 12.2% of zoned land, residential 55.8% and industrial 25.8%. The largest single district is Historical Neighborhood Single Family Residential at 24.5%. For commercial buyers the practical constraint is that only 38% of land carries a commercial or industrial designation.
General Industrial (GI)
GI - General Industrial District Public facilities consisting of buildings or structures housing essential services. Manufacturing, compounding, processing, assembling, packaging, or treatment of goods, materials, and products, consistent with the purpose of the GI District. Warehousing, wholesale establishments, manufacturing retail outlets, distribution an…
Market overview
Demographics & Economy
Galion, OH has 16,786 residents in 8,278 households. Density runs 186 people per square mile. Median household income here is $57,234 and median gross rent $772 a month.
16,786
Population
8,278
Households
2
Avg Household Size
44
Median Age
16%
College-Educated
91%
High-School Grad
90.4 sq mi
ZIP Area
186
Density / Sq Mi
$57,234
Median Household Income
$39,535
Median Earnings
$772
Median Rent
$127,700
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Sugar Grove Lake | — | — |
| Crestline | — | — |
| North Robinson | — | — |
| Martel | — | — |
Commercial property in Galion, OH asks $94/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Galion?
Commercial property in Galion, OH asks an average of $94 per square foot.
What zoning applies to commercial property in Galion?
Galion, OH zones 4,707 acres across 16 districts, of which 12.2% is commercial and 25.8% industrial. The largest single district is Historical Neighborhood Single Family Residential at 24.5% of zoned land. Residential zoning covers 55.8% and open space 0%.
Where does Realmo's Galion market data come from?
Realmo compiles Galion, OH figures from 5 recent recorded sales, 45 active sale listings, 3 active lease listings, 1,052 tracked off-market properties, the current Galion zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 45 active for-sale and 3 active for-lease listings in Galion, 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: 4,707 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
