Commercial Real Estate Market in Portsmouth, OH
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
26 active listings and 2,393 off-market properties in Portsmouth, OH.
Market Trends
Portsmouth, OH spans 122.8 square miles in Scioto County, Ohio. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Portsmouth, 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 Portsmouth, OH runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Portsmouth, 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 Portsmouth, 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
Zoning & Land Use
Land Use Mix share of zoned land by category
- Agricultural 39%
- Residential 34.8%
- Commercial 10.7%
- Industrial 9.6%
- Open space 3.8%
- Mixed use 1.2%
- Civic 1%
Largest Zones share of zoned land by district
Rural
Hillside
Traditional Neighborhood
Industrial
Corridor
Hillside (H)
The Hillside Neighborhood District intends to support low-density residential development compatible with steep topography
Market overview
Demographics & Economy
Portsmouth, OH has 34,061 residents in 16,042 households. Density runs 277 people per square mile. Median household income here is $39,371 and median gross rent $743 a month.
34,061
Population
16,042
Households
2.1
Avg Household Size
40
Median Age
16%
College-Educated
87%
High-School Grad
122.8 sq mi
ZIP Area
277
Density / Sq Mi
$39,371
Median Household Income
$31,792
Median Earnings
$743
Median Rent
$102,700
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| West Portsmouth | — | — |
| New Boston | — | — |
| South Shore | — | — |
| South Portsmouth | — | — |
Commercial property in Portsmouth, OH asks $105/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Portsmouth?
Commercial property in Portsmouth, OH asks an average of $105 per square foot. Multifamily carries the highest asking price at $93/SF.
Where does Realmo's Portsmouth market data come from?
Realmo compiles Portsmouth, OH figures from 6 recent recorded sales, 25 active sale listings, 1 active lease listings, 2,393 tracked off-market properties, the current Portsmouth zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 25 active for-sale and 1 active for-lease listings in Portsmouth, 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: 6,361 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
