Commercial Real Estate Market in Garrettsville, OH
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
24 active listings and 296 off-market properties in Garrettsville, OH.
Market Trends
Garrettsville, OH spans 48.9 square miles in Portage County, Ohio. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Garrettsville, 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 Garrettsville, OH runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Garrettsville, 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 space in Garrettsville, OH asks $124/SF to buy. Vacancy runs 8% across the Midwest region in 2025, up from 6.5% in 2022.
Average Sale Price $/SF
Listings
Vacancy Rate % in Midwest region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 75.3%
- Industrial 12.9%
- Open space 9.2%
- Commercial 2.6%
Largest Zones share of zoned land by district
Low Density Single Family Residential
Lowest Density Single Family Residential
Open Conservation
Industrial
Heavy Commercial Business
Garrettsville, OH zones 1,615 acres across 12 districts. Commercial zoning covers 2.6% of zoned land, residential 75.3%, open space 9.2% and industrial 12.9%. The largest single district is Low Density Single Family Residential at 48.3%. For commercial buyers the practical constraint is that only 15.5% of land carries a commercial or industrial designation.
Open Conservation (OC)
This district is established to reduce the problems created by intensive development of areas having excessively high water tables, organic or other soils unsuitable for most types of urban development, or which are subject to flooding, or which are topographically unsuited for urban type uses
Market overview
Demographics & Economy
Garrettsville, OH has 8,398 residents in 3,253 households. Density runs 172 people per square mile. Median household income here is $85,455 and median gross rent $909 a month.
8,398
Population
3,253
Households
2.6
Avg Household Size
41
Median Age
21%
College-Educated
86%
High-School Grad
48.9 sq mi
ZIP Area
172
Density / Sq Mi
$85,455
Median Household Income
$39,434
Median Earnings
$909
Median Rent
$204,700
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Nelson | — | — |
| Hiram | — | — |
| Drakesburg | — | — |
| Windham | — | — |
Commercial property in Garrettsville, OH asks $207/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Garrettsville?
Commercial property in Garrettsville, OH asks an average of $207 per square foot. The 5 most recent recorded sales traded at a median of $126/SF, so asking sits 64% above the achieved median. Multifamily carries the highest asking price at $124/SF.
What zoning applies to commercial property in Garrettsville?
Garrettsville, OH zones 1,615 acres across 12 districts, of which 2.6% is commercial and 12.9% industrial. The largest single district is Low Density Single Family Residential at 48.3% of zoned land. Residential zoning covers 75.3% and open space 9.2%.
Where does Realmo's Garrettsville market data come from?
Realmo compiles Garrettsville, OH figures from 5 recent recorded sales, 24 active sale listings, 296 tracked off-market properties, the current Garrettsville zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 24 active for-sale and 0 active for-lease listings in Garrettsville, 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: 1,615 zoned acres across 12 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
