Commercial Real Estate Market in Mansfield, OH
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
123 active listings and 4,442 off-market properties in Mansfield, OH. Commercial property asks $89/SF to buy and $9.00/SF/Yr to lease (based on 3 listings).
Market Trends
Mansfield, OH spans 208.1 square miles in Richland County, Ohio. Figures below refresh monthly; last updated 31 October 2026.
Office
Office vacancy in Mansfield, OH runs 21.3% across the Midwest region in 2025, up from 13.7% in 2019.
Retail
Retail vacancy in Mansfield, OH runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
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%.
Multifamily
Multifamily vacancy in Mansfield, 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
- 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
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.
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.
Tools
Nearby Markets
Commercial property in Mansfield, OH asks $89/SF. The 2 bordering markets run from $57/SF in Crestline to $201/SF in Ashland, and the city sits below their $129/SF median.
Frequently Asked Questions
What is the median price per square foot for commercial property in Mansfield?
How much does it cost to lease commercial space in Mansfield?
How does Mansfield compare to nearby markets on price?
What zoning applies to commercial property in Mansfield?
Where does Realmo's Mansfield market data come from?
Methodology & data sources
- Asking prices and medians
- There are 90 active for-sale and 33 active for-lease listings in Mansfield, OH. The medians are based on 20 of the for-sale and 3 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: 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 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, 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 October 2026 · How Realmo checks market page data · Report a data issue
