Commercial Real Estate Market in Greenfield, OH
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
13 active listings and 436 off-market properties in Greenfield, OH.
Market Trends
Greenfield, OH spans 106.8 square miles in Highland County, Ohio. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Greenfield, 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 Greenfield, OH runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Greenfield, 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 Greenfield, 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 63.8%
- Industrial 26.1%
- Commercial 5.5%
- Mixed use 3.4%
Largest Zones share of zoned land by district
Neighborhood Urban
Light Industrial
Residential Estate
Neighborhood Suburban
Commercial General
Greenfield, OH zones 1,269 acres across 8 districts. Commercial zoning covers 5.5% of zoned land, residential 63.8% and industrial 26.1%. The largest single district is Neighborhood Urban at 39.8%. For commercial buyers the practical constraint is that only 31.6% of land carries a commercial or industrial designation.
Neighborhood Urban (NU)
Neighborhood Urban (NU) District. 1103.23 Commercial Neighborhood (CN) District. 1103.25 Commercial General (CG) District. 1103.27 Downtown (D) District. 1103.29 Industrial Light (IL) District. 1103.31 Industrial Heavy (IH) District. Share Download Bookmark Print 1103.01 GENERAL REQUIREMENTS. (a) No land shall be used or occupied and no structures shall be d…
Market overview
Demographics & Economy
Greenfield, OH has 8,776 residents in 3,863 households. Density runs 82 people per square mile. Median household income here is $60,614 and median gross rent $746 a month.
8,776
Population
3,863
Households
2.3
Avg Household Size
40
Median Age
13%
College-Educated
85%
High-School Grad
106.8 sq mi
ZIP Area
82
Density / Sq Mi
$60,614
Median Household Income
$38,485
Median Earnings
$746
Median Rent
$139,100
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Lyndon | — | — |
| South Salem | — | — |
| East Monroe | — | — |
| Fayette County | — | — |
Commercial property in Greenfield, OH asks $98/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Greenfield?
Commercial property in Greenfield, OH asks an average of $98 per square foot. The 6 most recent recorded sales traded at a median of $36/SF, so asking sits 169% above the achieved median.
What zoning applies to commercial property in Greenfield?
Greenfield, OH zones 1,269 acres across 8 districts, of which 5.5% is commercial and 26.1% industrial. The largest single district is Neighborhood Urban at 39.8% of zoned land. Neighborhood Urban (NU) District. 1103.23 Commercial Neighborhood (CN) District. 1103.25 Commercial General (CG) District. 1103.27 Downtown (D) District. 1103.29 Industrial Light (IL) District. 1103.31 Industrial Heavy (IH) District. Share Download Bookmark Print 1103.01 GENERAL REQUIREMENTS. (a) No land shall be used or occupied and no structures shall be d… Residential zoning covers 63.8% and open space 0%.
Where does Realmo's Greenfield market data come from?
Realmo compiles Greenfield, OH figures from 7 recent recorded sales, 13 active sale listings, 436 tracked off-market properties, the current Greenfield zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 13 active for-sale and 0 active for-lease listings in Greenfield, 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: 1,269 zoned acres across 8 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, industrial vacancy is reported at Midwest region level and asking prices run materially above recent closed pricing.
- 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
