Commercial Real Estate Market in Millbury, OH
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
6 active listings and 157 off-market properties in Millbury, OH.
Market Trends
Millbury, OH spans 17.3 square miles in Wood County, Ohio. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Millbury, 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 Millbury, OH runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Millbury, 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 Millbury, 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 86.3%
- Industrial 8.1%
- Civic 5.6%
Largest Zones share of zoned land by district
Single Family Low Density Residential
Heavy Industrial
Single Family Low Density Residential
Estate Residential
Institutional Development
Millbury, OH zones 641 acres across 7 districts. The largest single district is Single Family Low Density Residential at 69.7%. For commercial buyers the practical constraint is that only 8.1% of land carries a commercial or industrial designation.
Market overview
Demographics & Economy
Millbury, OH has 3,343 residents in 1,402 households. Density runs 193 people per square mile. Median household income here is $81,786 and median gross rent $1,052 a month.
3,343
Population
1,402
Households
2.4
Avg Household Size
45
Median Age
26%
College-Educated
96%
High-School Grad
17.3 sq mi
ZIP Area
193
Density / Sq Mi
$81,786
Median Household Income
$48,030
Median Earnings
$1,052
Median Rent
$208,400
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Clay Center | — | — |
| Northwood | — | — |
| Walbridge | — | — |
| Moline | — | — |
Commercial property in Millbury, OH asks $208/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Millbury?
Commercial property in Millbury, OH asks an average of $208 per square foot.
What zoning applies to commercial property in Millbury?
Millbury, OH zones 641 acres across 7 districts, of which 0% is commercial and 8.1% industrial. The largest single district is Single Family Low Density Residential at 69.7% of zoned land. Residential zoning covers 86.3% and open space 0%.
Where does Realmo's Millbury market data come from?
Realmo compiles Millbury, OH figures from 5 recent recorded sales, 4 active sale listings, 2 active lease listings, 157 tracked off-market properties, the current Millbury zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 4 active for-sale and 2 active for-lease listings in Millbury, 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: 641 zoned acres across 7 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
