Commercial Real Estate Market in Thornville, OH
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
41 active listings and 201 off-market properties in Thornville, OH.
Market Trends
Thornville, OH spans 65.2 square miles in Perry County, Ohio. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Thornville, 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 Thornville, OH runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Thornville, 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 Thornville, 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 85.3%
- Commercial 5.3%
- Industrial 2.3%
Largest Zones share of zoned land by district
Suburban Residential Districts
Suburban Residential Districts
Old VIllage Residential District
Special Use District
Urban Residential District
Thornville, OH zones 361 acres across 8 districts. Commercial zoning covers 5.3% of zoned land, residential 85.3% and industrial 2.3%. The largest single district is Suburban Residential Districts at 40.6%. For commercial buyers the practical constraint is that only 7.6% of land carries a commercial or industrial designation.
Old VIllage Residential District (R-3)
District Map....................................................................3 - 4 Article XIV - R - 1, R - 2 - Suburban Residential Districts........................................................3 - 6 Article XV - R - 3 - Old Village Residential District................ ............................................3 - 8 Article XVI - R - 4 - Urban Resid…
Market overview
Demographics & Economy
Thornville, OH has 9,145 residents in 4,078 households. Density runs 140 people per square mile. Median household income here is $84,051 and median gross rent $892 a month.
9,145
Population
4,078
Households
2.2
Avg Household Size
46
Median Age
28%
College-Educated
93%
High-School Grad
65.2 sq mi
ZIP Area
140
Density / Sq Mi
$84,051
Median Household Income
$53,624
Median Earnings
$892
Median Rent
$274,700
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Glenford | — | — |
| Jacksontown | — | — |
| Buckeye Lake | — | — |
| Hebron | — | — |
Commercial property in Thornville, OH asks $557/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Thornville?
Commercial property in Thornville, OH asks an average of $557 per square foot. The 6 most recent recorded sales traded at a median of $196/SF, so asking sits 184% above the achieved median.
What zoning applies to commercial property in Thornville?
Thornville, OH zones 361 acres across 8 districts, of which 5.3% is commercial and 2.3% industrial. The largest single district is Suburban Residential Districts at 40.6% of zoned land. Residential zoning covers 85.3% and open space 0%.
Where does Realmo's Thornville market data come from?
Realmo compiles Thornville, OH figures from 8 recent recorded sales, 40 active sale listings, 1 active lease listings, 201 tracked off-market properties, the current Thornville zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 40 active for-sale and 1 active for-lease listings in Thornville, 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: 361 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, industrial vacancy is reported at Midwest region level and asking prices run materially above recent closed pricing.
- 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
