Commercial Real Estate Market in Galion, OH
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
31 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 October 2026.
Office
Office vacancy in Galion, OH runs 21.3% across the Midwest region in 2025, up from 13.7% in 2019.
Retail
Retail vacancy in Galion, OH runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
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%.
Multifamily
Multifamily vacancy in Galion, 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 55.8%
- Industrial 25.8%
- Commercial 12.2%
- Mixed use 3.1%
- Civic 2.9%
Largest Zones share of zoned land by district
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.
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.
Tools
Nearby Markets
Commercial property in Galion, OH asks $84/SF. The 2 bordering markets run from $57/SF in Crestline to $120/SF in Bucyrus, and the city sits below their $88/SF median.
Frequently Asked Questions
What is the median price per square foot for commercial property in Galion?
How does Galion compare to nearby markets on price?
What zoning applies to commercial property in Galion?
Where does Realmo's Galion market data come from?
Methodology & data sources
- Asking prices and medians
- There are 26 active for-sale and 5 active for-lease listings in Galion, OH. The sale median is based on 7 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: 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 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
