Commercial Real Estate Market in Van Wert, OH
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
21 active listings and 712 off-market properties in Van Wert, OH. Commercial property asks $189/SF to buy and $7.00/SF/Yr to lease.
Market Trends
Van Wert, OH spans 134.3 square miles in Van Wert County, Ohio. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Van Wert, 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 Van Wert, OH runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Van Wert, 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 Van Wert, OH runs 8% across the Midwest region in 2025, up from 6.5% in 2022.
Vacancy Rate % in Midwest region
Market overview
Demographics & Economy
Van Wert, OH has 15,633 residents in 6,679 households. Density runs 116 people per square mile. Median household income here is $62,944 and median gross rent $744 a month.
15,633
Population
6,679
Households
2.3
Avg Household Size
42
Median Age
19%
College-Educated
93%
High-School Grad
134.3 sq mi
ZIP Area
116
Density / Sq Mi
$62,944
Median Household Income
$43,369
Median Earnings
$744
Median Rent
$143,100
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Ohio City | — | — |
| Middle Point | — | — |
| Oh City | — | — |
| Scott | — | — |
Commercial property in Van Wert, OH asks $189/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Van Wert?
Commercial property in Van Wert, OH asks an average of $189 per square foot.
How much does it cost to lease commercial space in Van Wert?
Asking lease rates in Van Wert, OH average $7.00 per square foot per year.
Where does Realmo's Van Wert market data come from?
Realmo compiles Van Wert, OH figures from 6 recent recorded sales, 14 active sale listings, 7 active lease listings, 712 tracked off-market properties. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 14 active for-sale and 7 active for-lease listings in Van Wert, 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
