Commercial Real Estate Market in Mansfield, OH
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
206 active listings and 4,442 off-market properties in Mansfield, OH. Commercial property asks $20/SF to buy and $21.29/SF/Yr to lease.
Market Trends
Mansfield, OH spans 208.1 square miles in Richland County, Ohio. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Mansfield, 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 Mansfield, OH runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Mansfield, 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 Mansfield, 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 51.6%
- Industrial 29.6%
- Commercial 10.1%
- Special 6.8%
- Civic 1.5%
- Planned_development 0.4%
Largest Zones share of zoned land by district
Multifamily Residential
General Impact Industrial
Residential
Two Family Residential
Limited Impact Industrial
Mansfield, OH zones 19,318 acres across 19 districts. Commercial zoning covers 10.1% of zoned land, residential 51.6% and industrial 29.6%. The largest single district is Multifamily Residential at 21%. For commercial buyers the practical constraint is that only 39.7% of land carries a commercial or industrial designation.
General Impact Industrial (I-2)
TRICT. 1167.04 OS OFFICE SERVICE DISTRICT. 1167.05 B-1 NEIGHBORHOOD BUSINESS DISTRICT. 1167.06 B-2 GENERAL BUSINESS DISTRICT. 1167.07 CB CENTRAL BUSINESS DISTRICT. 1167.08 I-1 LIMITED IMPACT INDUSTRIAL DISTRICT. 1167.09 I-2 GENERAL IMPACT INDUSTRIAL DISTRICT. 1167.10 SPECIAL ZONING DISTRICTS. 1167.11 MH MOBILE HOME PARK DISTRICT. 1167.12 MH/R MOBILE HOME RES…
Market overview
Demographics & Economy
Mansfield, OH has 93,279 residents in 41,259 households. Density runs 448 people per square mile. Median household income here is $55,347 and median gross rent $806 a month.
93,279
Population
41,259
Households
2.3
Avg Household Size
42
Median Age
18%
College-Educated
89%
High-School Grad
208.1 sq mi
ZIP Area
448
Density / Sq Mi
$55,347
Median Household Income
$35,608
Median Earnings
$806
Median Rent
$145,983
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Ontario | — | — |
| Taylortown | — | — |
| Widowville | — | — |
| Shenadoah | — | — |
Commercial property in Mansfield, OH asks $20/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Mansfield?
Commercial property in Mansfield, OH asks an average of $20 per square foot. The 4 most recent recorded sales traded at a median of $20/SF.
How much does it cost to lease commercial space in Mansfield?
Asking lease rates in Mansfield, OH average $21.29 per square foot per year.
What zoning applies to commercial property in Mansfield?
Mansfield, OH zones 19,318 acres across 19 districts, of which 10.1% is commercial and 29.6% industrial. The largest single district is Multifamily Residential at 21% of zoned land. Residential zoning covers 51.6% and open space 0%.
Where does Realmo's Mansfield market data come from?
Realmo compiles Mansfield, OH figures from 6 recent recorded sales, 163 active sale listings, 43 active lease listings, 4,442 tracked off-market properties, the current Mansfield zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 163 active for-sale and 43 active for-lease listings in Mansfield, 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: 19,318 zoned acres across 19 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
