Commercial Real Estate Market in Ray, OH
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
4 active listings and 11 off-market properties in Ray, OH.
Market Trends
Ray, OH spans 57.6 square miles in Vinton County, Ohio. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Ray, 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 Ray, OH runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Ray, 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 Ray, OH runs 8% across the Midwest region in 2025, up from 6.5% in 2022.
Vacancy Rate % in Midwest region
Market overview
Demographics & Economy
Ray, OH has 1,679 residents in 587 households. Density runs 29 people per square mile. Median household income here is $52,243.
1,679
Population
587
Households
2.9
Avg Household Size
44
Median Age
14%
College-Educated
81%
High-School Grad
57.6 sq mi
ZIP Area
29
Density / Sq Mi
$52,243
Median Household Income
$52,059
Median Earnings
$0
Median Rent
$172,500
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Allensville | — | — |
| Richmond Dale | — | — |
| Coalton | — | — |
| Londonderry | — | — |
Commercial property in Ray, OH asks $650/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Ray?
Commercial property in Ray, OH asks an average of $650 per square foot.
Methodology & data sources
- Asking prices and averages
- Computed from 4 active for-sale and 0 active for-lease listings in Ray, 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
