Commercial Real Estate Market in Newark, OH
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
129 active listings and 1,963 off-market properties in Newark, OH. Commercial property asks $102/SF to buy and $12.00/SF/Yr to lease.
Market Trends
Newark, OH spans 199.7 square miles in Licking County, Ohio. Figures below refresh monthly; last updated 31 October 2026.
Office
Office vacancy in Newark, OH runs 21.3% across the Midwest region in 2025, up from 13.7% in 2019.
Retail
Retail vacancy in Newark, OH runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Industrial
Industrial vacancy in Newark, 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 Newark, OH runs 8% across the Midwest region in 2025, up from 6.5% in 2022.
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 56.6%
- Civic 18.8%
- Commercial 11.6%
- Industrial 10.2%
- Planned_development 1.4%
- Agricultural 1.3%
Largest Zones share of zoned land by district
Newark, OH zones 11,774 acres across 28 districts. Commercial zoning covers 11.6% of zoned land, residential 56.6% and industrial 10.2%. The largest single district is Low Density Single Family Residence District at 16.3%. For commercial buyers the practical constraint is that only 21.8% of land carries a commercial or industrial designation.
When used in this Code, R-Districts shall include the following districts RS, RL, RM, RH, RZLL, RMH, SFC, TFR, MFR, MFC, MFH, and the residential areas of a PUD, CD and AD district. REAR LOT: A lot separated from, with no frontage on, a public right-of-way. RECYCLABLE HOUSEHOLD MATERIAL: Paper, cardboard, bottles, cans and similar items, but not yard wastes,…
Market overview
Demographics & Economy
Newark, OH has 80,069 residents in 34,200 households. Density runs 401 people per square mile. Median household income here is $65,087 and median gross rent $961 a month.
Tools
Frequently Asked Questions
What is the median price per square foot for commercial property in Newark?
How much does it cost to lease commercial space in Newark?
What zoning applies to commercial property in Newark?
Where does Realmo's Newark market data come from?
Methodology & data sources
- Asking prices and medians
- There are 68 active for-sale and 61 active for-lease listings in Newark, OH. The medians are based on 22 of the for-sale and 16 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.
- Zoning and land use
- The current municipal zoning release: 11,774 zoned acres across 28 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 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
