Commercial Real Estate Market in Morristown, OH
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
2 active listings and 16 off-market properties in Morristown, OH.
Market Trends
Morristown, OH spans 0.6 square miles in Belmont County, Ohio. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Morristown, 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 Morristown, OH runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Morristown, 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 Morristown, 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 57.7%
- Commercial 42.3%
Largest Zones share of zoned land by district
Low Density Residential
General Business
High Density Residential
Central Business
Central Business
Morristown, OH zones 332 acres across 5 districts. Commercial zoning covers 42.3% of zoned land, residential 57.7%. The largest single district is Low Density Residential at 50.4%. For commercial buyers the practical constraint is that only 42.3% of land carries a commercial or industrial designation.
Low Density Residential (R-2)
SECTION 401. R-2 Low Density Residential District 401.1 Purpose: The R-2 residential district is hereby established to provide a quiet place for families where yards are wide, spaces open, people few, and motor vehicles restricted. To preserve and protect the character of family neighborhoods in order to keep these residential areas free of overcrowding, dis…
Market overview
Demographics & Economy
Morristown, OH has 235 residents in 125 households. Density runs 382 people per square mile. Median household income here is $48,750 and median gross rent $942 a month.
235
Population
125
Households
1.9
Avg Household Size
40
Median Age
17%
College-Educated
85%
High-School Grad
0.6 sq mi
ZIP Area
382
Density / Sq Mi
$48,750
Median Household Income
$34,861
Median Earnings
$942
Median Rent
$87,500
Median Home Value
Tools
Nearby Markets
Frequently Asked Questions
What zoning applies to commercial property in Morristown?
Morristown, OH zones 332 acres across 5 districts, of which 42.3% is commercial and 0% industrial. The largest single district is Low Density Residential at 50.4% of zoned land. SECTION 401. R-2 Low Density Residential District 401.1 Purpose: The R-2 residential district is hereby established to provide a quiet place for families where yards are wide, spaces open, people few, and motor vehicles restricted. To preserve and protect the character of family neighborhoods in order to keep these residential areas free of overcrowding, dis… Residential zoning covers 57.7% and open space 0%.
Where does Realmo's Morristown market data come from?
Realmo compiles Morristown, OH figures from 2 recent recorded sales, 2 active sale listings, 16 tracked off-market properties, the current Morristown zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 2 active for-sale and 0 active for-lease listings in Morristown, 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: 332 zoned acres across 5 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
