Commercial Real Estate Market in Orwell, OH
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
9 active listings and 197 off-market properties in Orwell, OH.
Market Trends
Orwell, OH spans 68.2 square miles in Ashtabula County, Ohio. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Orwell, 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 Orwell, OH runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Orwell, 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 space in Orwell, OH asks $79/SF to buy. Vacancy runs 8% across the Midwest region in 2025, up from 6.5% in 2022.
Average Sale Price $/SF
Listings
Vacancy Rate % in Midwest region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 68%
- Industrial 12.2%
- Commercial 10.6%
- Civic 9.3%
Largest Zones share of zoned land by district
Single Family Residential
Industrial
Single Family Residential
Government Institution
General Commercial
Orwell, OH zones 2,101 acres across 9 districts. Commercial zoning covers 10.6% of zoned land, residential 68% and industrial 12.2%. The largest single district is Single Family Residential at 54.7%. For commercial buyers the practical constraint is that only 22.8% of land carries a commercial or industrial designation.
Single Family Residential (RA)
A. RA Single Family Residential District B. R1 Single-Family Residential District C. R2 Two-Family Residential District D. R3 Multiple-Family Residential District E. NC Neighborhood Commercial District F. GC General Commercial District G. CB Central Business District H. I Industrial District I. G Government/Institution District Nothing in this Article shall…
Market overview
Demographics & Economy
Orwell, OH has 5,313 residents in 2,171 households. Density runs 78 people per square mile. Median household income here is $53,512 and median gross rent $772 a month.
5,313
Population
2,171
Households
2.4
Avg Household Size
33
Median Age
10%
College-Educated
77%
High-School Grad
68.2 sq mi
ZIP Area
78
Density / Sq Mi
$53,512
Median Household Income
$39,457
Median Earnings
$772
Median Rent
$163,000
Median Home Value
Tools
Nearby Markets
Frequently Asked Questions
What zoning applies to commercial property in Orwell?
Orwell, OH zones 2,101 acres across 9 districts, of which 10.6% is commercial and 12.2% industrial. The largest single district is Single Family Residential at 54.7% of zoned land. A. RA Single Family Residential District B. R1 Single-Family Residential District C. R2 Two-Family Residential District D. R3 Multiple-Family Residential District E. NC Neighborhood Commercial District F. GC General Commercial District G. CB Central Business District H. I Industrial District I. G Government/Institution District Nothing in this Article shall… Residential zoning covers 68% and open space 0%.
Where does Realmo's Orwell market data come from?
Realmo compiles Orwell, OH figures from 7 recent recorded sales, 9 active sale listings, 197 tracked off-market properties, the current Orwell zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 9 active for-sale and 0 active for-lease listings in Orwell, 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: 2,101 zoned acres across 9 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
