Commercial Real Estate Market in Milford, OH
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
38 active listings and 1,262 off-market properties in Milford, OH. Commercial property asks $143/SF to buy (based on 6 listings) and $12.00/SF/Yr to lease (based on 3 listings).
Market Trends
Milford, OH spans 32.3 square miles in Clermont County, Ohio. Figures below refresh monthly; last updated 31 October 2026.
Office
Office vacancy in Milford, OH runs 21.3% across the Midwest region in 2025, up from 13.7% in 2019.
Retail
Retail vacancy in Milford, OH runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Industrial
Industrial vacancy in Milford, 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 Milford, 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 44.5%
- Commercial 20.8%
- Civic 19.7%
- Industrial 13.1%
- Special 1%
- Mixed use 0.9%
Largest Zones share of zoned land by district
Milford, OH zones 2,144 acres across 13 districts. Commercial zoning covers 20.8% of zoned land, residential 44.5% and industrial 13.1%. The largest single district is Single Family Residential at 22.1%. For commercial buyers the practical constraint is that only 33.9% of land carries a commercial or industrial designation.
District is to provide for moderate density single family residential neighborhoods
Market overview
Demographics & Economy
Milford, OH has 33,735 residents in 14,432 households. Density runs 1,046 people per square mile. Median household income here is $91,780 and median gross rent $1,033 a month.
Tools
Frequently Asked Questions
What is the median price per square foot for commercial property in Milford?
How much does it cost to lease commercial space in Milford?
What zoning applies to commercial property in Milford?
Where does Realmo's Milford market data come from?
Methodology & data sources
- Asking prices and medians
- There are 16 active for-sale and 22 active for-lease listings in Milford, OH. The medians are based on 6 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: 2,144 zoned acres across 13 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
