Commercial Real Estate Market in Okolona, OH
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
17 active listings and 679 off-market properties in Okolona, OH.
Market Trends
Okolona, OH spans 135.0 square miles in Henry County, Ohio. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Okolona, 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 Okolona, OH runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Okolona, 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 Okolona, OH runs 8% across the Midwest region in 2025, up from 6.5% in 2022.
Vacancy Rate % in Midwest region
Market overview
Demographics & Economy
Okolona, OH has 13,954 residents in 6,351 households. Density runs 103 people per square mile. Median household income here is $78,165 and median gross rent $858 a month.
13,954
Population
6,351
Households
2.2
Avg Household Size
43
Median Age
18%
College-Educated
93%
High-School Grad
135 sq mi
ZIP Area
103
Density / Sq Mi
$78,165
Median Household Income
$43,914
Median Earnings
$858
Median Rent
$169,500
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Jewell | — | — |
| Ridgeville Corners | — | — |
| Stryker | — | — |
| Holgate | — | — |
Commercial property in Okolona, OH asks $38/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Okolona?
Commercial property in Okolona, OH asks an average of $38 per square foot. The 3 most recent recorded sales traded at a median of $21/SF, so asking sits 76% above the achieved median.
Where does Realmo's Okolona market data come from?
Realmo compiles Okolona, OH figures from 7 recent recorded sales, 15 active sale listings, 2 active lease listings, 679 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 15 active for-sale and 2 active for-lease listings in Okolona, 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 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
