Commercial Real Estate Market in Hilliard, OH
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
52 active listings and 1,284 off-market properties in Hilliard, OH. Commercial property asks $278/SF to buy (based on 3 listings) and $14.13/SF/Yr to lease (based on 8 listings).
Market Trends
Hilliard, OH spans 35.3 square miles in Franklin County, Ohio. Figures below refresh monthly; last updated 31 October 2026.
Office
Office vacancy in Hilliard, OH runs 21.3% across the Midwest region in 2025, up from 13.7% in 2019.
Retail
Retail vacancy in Hilliard, OH runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Industrial
Industrial vacancy in Hilliard, 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 Hilliard, 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
- Planned_development 47%
- Residential 22.9%
- Open space 17%
- Industrial 8.9%
- Mixed use 2.6%
- Commercial 1.6%
Largest Zones share of zoned land by district
Use S-1 HCD OH-MD Mixed Use OH-RD Residential Specific Conditions Recreation & Leisure (Cont.) Public and private parks, playgrounds, recreation areas and ball fields P P P P Private open space P P Private airfields C Community gardens (neighborhood agriculture) C C Accessory Accessory buildings, structures and uses P P P P Sec. 1121.02(b) Home occupations P…
Market overview
Demographics & Economy
Hilliard, OH has 64,607 residents in 25,671 households. Density runs 1,830 people per square mile. Median household income here is $110,369 and median gross rent $1,430 a month.
Tools
Nearby Markets
| Market | Median Asking Price, $/SF | Median Asking Rent, $/SF/Yr |
|---|---|---|
| Dublin | $261 | $16.75 |
| Columbus | $139 | $17.50 |
Commercial property in Hilliard, OH asks $278/SF. The 2 bordering markets run from $139/SF in Columbus to $261/SF in Dublin, and the city sits above their $200/SF median.
Frequently Asked Questions
What is the median price per square foot for commercial property in Hilliard?
How much does it cost to lease commercial space in Hilliard?
How does Hilliard compare to nearby markets on price?
Where does Realmo's Hilliard market data come from?
Methodology & data sources
- Asking prices and medians
- There are 18 active for-sale and 34 active for-lease listings in Hilliard, OH. The medians are based on 3 of the for-sale and 8 of the for-lease listings, those that state a price or rent per square foot. 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: 7,964 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
