Commercial Real Estate Market in Mount Vernon, OH
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
38 active listings and 1,364 off-market properties in Mount Vernon, OH. Commercial property asks $87/SF to buy and $20.39/SF/Yr to lease (based on 5 listings).
Market Trends
Mount Vernon, OH spans 154.1 square miles in Knox County, Ohio. Figures below refresh monthly; last updated 31 October 2026.
Office
Office vacancy in Mount Vernon, OH runs 21.3% across the Midwest region in 2025, up from 13.7% in 2019.
Retail
Retail vacancy in Mount Vernon, OH runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Industrial
Industrial vacancy in Mount Vernon, 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 Mount Vernon, OH runs 8% across the Midwest region in 2025, up from 6.5% in 2022.
Market overview
Demographics & Economy
Mount Vernon, OH has 29,594 residents in 13,416 households. Density runs 192 people per square mile. Median household income here is $65,044 and median gross rent $933 a month.
Tools
Frequently Asked Questions
What is the median price per square foot for commercial property in Mount Vernon?
How much does it cost to lease commercial space in Mount Vernon?
Where does Realmo's Mount Vernon market data come from?
Methodology & data sources
- Asking prices and medians
- There are 26 active for-sale and 12 active for-lease listings in Mount Vernon, OH. The medians are based on 10 of the for-sale and 5 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.
- 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
