Commercial Real Estate Market in Somerset, OH
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
19 active listings and 134 off-market properties in Somerset, OH.
Market Trends
Somerset, OH spans 57.1 square miles in Perry County, Ohio. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Somerset, 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 Somerset, OH runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Somerset, 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 Somerset, OH runs 8% across the Midwest region in 2025, up from 6.5% in 2022.
Vacancy Rate % in Midwest region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 57.7%
- Agricultural 23.1%
- Commercial 13.9%
- Industrial 3.3%
- Civic 2%
Largest Zones share of zoned land by district
Single Family Residential
Open Agricultural
Specific Public
Medium Density Residential
High Density Residential
Somerset, OH zones 729 acres across 8 districts. Commercial zoning covers 13.9% of zoned land, residential 57.7% and industrial 3.3%. The largest single district is Single Family Residential at 42.6%. For commercial buyers the practical constraint is that only 17.2% of land carries a commercial or industrial designation.
Single Family Residential (R-1)
For very low density residential development which may or may not have community water and sewerage Services
Market overview
Demographics & Economy
Somerset, OH has 4,743 residents in 2,046 households. Density runs 83 people per square mile. Median household income here is $64,261 and median gross rent $779 a month.
4,743
Population
2,046
Households
2.3
Avg Household Size
43
Median Age
20%
College-Educated
90%
High-School Grad
57.1 sq mi
ZIP Area
83
Density / Sq Mi
$64,261
Median Household Income
$50,133
Median Earnings
$779
Median Rent
$217,300
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Glenford | — | — |
| Jnctn City | — | — |
| Junction City | — | — |
| Rushville | — | — |
Commercial property in Somerset, OH asks $1/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Somerset?
Commercial property in Somerset, OH asks an average of $1 per square foot. The 3 most recent recorded sales traded at a median of $163/SF.
What zoning applies to commercial property in Somerset?
Somerset, OH zones 729 acres across 8 districts, of which 13.9% is commercial and 3.3% industrial. The largest single district is Single Family Residential at 42.6% of zoned land. For very low density residential development which may or may not have community water and sewerage Services Residential zoning covers 57.7% and open space 0%.
Where does Realmo's Somerset market data come from?
Realmo compiles Somerset, OH figures from 5 recent recorded sales, 19 active sale listings, 134 tracked off-market properties, the current Somerset zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 19 active for-sale and 0 active for-lease listings in Somerset, 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: 729 zoned acres across 8 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
