Commercial Real Estate Market in Loudonville, OH
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
10 active listings and 374 off-market properties in Loudonville, OH.
Market Trends
Loudonville, OH spans 72.8 square miles in Ashland County, Ohio. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Loudonville, 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 Loudonville, OH runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Loudonville, 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 Loudonville, 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 47.5%
- Commercial 31.8%
- Industrial 10.6%
- Planned_development 10.1%
Largest Zones share of zoned land by district
Rural Residential
Suburban Residential
Urban Residential
Planned Development
Industrial
Loudonville, OH zones 1,772 acres across 14 districts. Commercial zoning covers 31.8% of zoned land, residential 47.5% and industrial 10.6%. The largest single district is Rural Residential at 22.1%. For commercial buyers the practical constraint is that only 42.4% of land carries a commercial or industrial designation.
Market overview
Demographics & Economy
Loudonville, OH has 5,643 residents in 2,480 households. Density runs 78 people per square mile. Median household income here is $71,524 and median gross rent $665 a month.
5,643
Population
2,480
Households
2.3
Avg Household Size
43
Median Age
20%
College-Educated
92%
High-School Grad
72.8 sq mi
ZIP Area
78
Density / Sq Mi
$71,524
Median Household Income
$39,444
Median Earnings
$665
Median Rent
$186,600
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| McZena | — | — |
| Lakeville | — | — |
| Nashville | — | — |
| Big Prairie | — | — |
Commercial property in Loudonville, OH asks $875/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Loudonville?
Commercial property in Loudonville, OH asks an average of $875 per square foot. The 4 most recent recorded sales traded at a median of $70/SF, so asking sits 1144% above the achieved median.
What zoning applies to commercial property in Loudonville?
Loudonville, OH zones 1,772 acres across 14 districts, of which 31.8% is commercial and 10.6% industrial. The largest single district is Rural Residential at 22.1% of zoned land. Residential zoning covers 47.5% and open space 0%.
Where does Realmo's Loudonville market data come from?
Realmo compiles Loudonville, OH figures from 5 recent recorded sales, 10 active sale listings, 374 tracked off-market properties, the current Loudonville zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 10 active for-sale and 0 active for-lease listings in Loudonville, 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: 1,772 zoned acres across 14 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
