Commercial Real Estate Market in Milford, OH
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
66 active listings and 1,262 off-market properties in Milford, OH. Commercial property asks $8/SF to buy and $15.10/SF/Yr to lease.
Market Trends
Milford, OH spans 32.3 square miles in Clermont County, Ohio. Figures below refresh monthly; last updated 31 August 2026.
Office
Office space in Milford, OH asks $139/SF to buy. Vacancy runs 21.3% across the Midwest region in 2025, up from 13.7% in 2019.
Average Sale Price $/SF
Listings
Vacancy Rate % in Midwest region
Retail
Retail vacancy in Milford, OH runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
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%.
Vacancy Rate % in Midwest region
Multifamily
Multifamily space in Milford, OH asks $114/SF to buy. Vacancy runs 8% across the Midwest region in 2025, up from 6.5% in 2022.
Average Sale Price $/SF
Listings
Vacancy Rate % in Midwest region
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
Single Family Residential
Institutional
General Business
Light Industry
Single Family Residential
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.
Single Family Residential (R-2)
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.
33,735
Population
14,432
Households
2.3
Avg Household Size
42
Median Age
41%
College-Educated
95%
High-School Grad
32.3 sq mi
ZIP Area
1,046
Density / Sq Mi
$91,780
Median Household Income
$51,494
Median Earnings
$1,033
Median Rent
$267,900
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Terrace Park | — | — |
| Loveland | — | — |
| Miamiville | — | — |
| Indian Hill | — | — |
Commercial property in Milford, OH asks $8/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Milford?
Commercial property in Milford, OH asks an average of $8 per square foot. The 4 most recent recorded sales traded at a median of $231/SF. Office carries the highest asking price at $139/SF.
How much does it cost to lease commercial space in Milford?
Asking lease rates in Milford, OH average $15.10 per square foot per year.
What zoning applies to commercial property in Milford?
Milford, OH zones 2,144 acres across 13 districts, of which 20.8% is commercial and 13.1% industrial. The largest single district is Single Family Residential at 22.1% of zoned land. District is to provide for moderate density single family residential neighborhoods Residential zoning covers 44.5% and open space 0%.
Where does Realmo's Milford market data come from?
Realmo compiles Milford, OH figures from 4 recent recorded sales, 41 active sale listings, 25 active lease listings, 1,262 tracked off-market properties, the current Milford zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 41 active for-sale and 25 active for-lease listings in Milford, 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: 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 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
