Commercial Real Estate Market in Mount Sterling, OH
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
8 active listings and 311 off-market properties in Mount Sterling, OH.
Market Trends
Mount Sterling, OH spans 133.6 square miles in Madison County, Ohio. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Mount Sterling, 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 Mount Sterling, OH runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Mount Sterling, 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 Mount Sterling, OH runs 8% across the Midwest region in 2025, up from 6.5% in 2022.
Vacancy Rate % in Midwest region
Market overview
Demographics & Economy
Mount Sterling, OH has 5,935 residents in 2,378 households. Density runs 44 people per square mile. Median household income here is $87,417 and median gross rent $880 a month.
5,935
Population
2,378
Households
2.5
Avg Household Size
42
Median Age
17%
College-Educated
90%
High-School Grad
133.6 sq mi
ZIP Area
44
Density / Sq Mi
$87,417
Median Household Income
$48,883
Median Earnings
$880
Median Rent
$209,400
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Derby | — | — |
| Orient | — | — |
| Harrisburg | — | — |
| Darbyville | — | — |
Commercial property in Mount Sterling, OH asks $149/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Mount Sterling?
Commercial property in Mount Sterling, OH asks an average of $149 per square foot. The 3 most recent recorded sales traded at a median of $60/SF, so asking sits 151% above the achieved median.
Where does Realmo's Mount Sterling market data come from?
Realmo compiles Mount Sterling, OH figures from 5 recent recorded sales, 8 active sale listings, 311 tracked off-market properties. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 8 active for-sale and 0 active for-lease listings in Mount Sterling, 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.
- 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, 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 August 2026 · report a data issue
