Commercial Real Estate Market in Palestine, OH
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
1 active listing and 18 off-market properties in Palestine, OH.
Market Trends
Palestine, OH spans 0.1 square miles in Darke County, Ohio. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Palestine, 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 Palestine, OH runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Palestine, 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 Palestine, OH asks $93/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
Market overview
Demographics & Economy
Palestine, OH has 183 residents in 76 households. Density runs 1,239 people per square mile. Median household income here is $63,542 and median gross rent $750 a month.
183
Population
76
Households
2.4
Avg Household Size
38
Median Age
1%
College-Educated
95%
High-School Grad
0.1 sq mi
ZIP Area
1,239
Density / Sq Mi
$63,542
Median Household Income
$35,476
Median Earnings
$750
Median Rent
$62,500
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Hollansburg | — | — |
| Spartanburg | — | — |
| New Madison | — | — |
| Crete | — | — |
Commercial property in Palestine, OH asks $37/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Palestine?
Commercial property in Palestine, OH asks an average of $37 per square foot. Multifamily carries the highest asking price at $93/SF.
Methodology & data sources
- Asking prices and averages
- Computed from 1 active for-sale and 0 active for-lease listings in Palestine, 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
