Commercial Real Estate Market in Waynesville, OH
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
21 active listings and 269 off-market properties in Waynesville, OH.
Market Trends
Waynesville, OH spans 70.6 square miles in Warren County, Ohio. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Waynesville, 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 Waynesville, OH runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Waynesville, 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 Waynesville, 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 65.2%
- Planned_development 9.1%
- Commercial 7%
- Industrial 1.7%
Largest Zones share of zoned land by district
Limited Density Residential District
0 To 1 Year Wellhead Protection District
Medium Density Residential District
Planned Industrial District
Low Density Residential District
Waynesville, OH zones 1,517 acres across 14 districts. Commercial zoning covers 7% of zoned land, residential 65.2% and industrial 1.7%. The largest single district is Limited Density Residential District at 39.4%. For commercial buyers the practical constraint is that only 8.7% of land carries a commercial or industrial designation.
Limited Density Residential District (R-1)
The Limited Density Residential District is established as a low density, detached, single-family residential district serviced by public water and sanitary sewer systems where physical conditions limit the suitability of servicing by on site systems
Market overview
Demographics & Economy
Waynesville, OH has 11,911 residents in 4,605 households. Density runs 169 people per square mile. Median household income here is $95,040 and median gross rent $1,252 a month.
11,911
Population
4,605
Households
2.6
Avg Household Size
43
Median Age
43%
College-Educated
96%
High-School Grad
70.6 sq mi
ZIP Area
169
Density / Sq Mi
$95,040
Median Household Income
$55,262
Median Earnings
$1,252
Median Rent
$325,000
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Corwin | — | — |
| Lytle | — | — |
| Mount Holly | — | — |
| Harveysburg | — | — |
Commercial property in Waynesville, OH asks $25/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Waynesville?
Commercial property in Waynesville, OH asks an average of $25 per square foot. The 6 most recent recorded sales traded at a median of $126/SF.
What zoning applies to commercial property in Waynesville?
Waynesville, OH zones 1,517 acres across 14 districts, of which 7% is commercial and 1.7% industrial. The largest single district is Limited Density Residential District at 39.4% of zoned land. The Limited Density Residential District is established as a low density, detached, single-family residential district serviced by public water and sanitary sewer systems where physical conditions limit the suitability of servicing by on site systems Residential zoning covers 65.2% and open space 0%.
Where does Realmo's Waynesville market data come from?
Realmo compiles Waynesville, OH figures from 6 recent recorded sales, 21 active sale listings, 269 tracked off-market properties, the current Waynesville zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 21 active for-sale and 0 active for-lease listings in Waynesville, 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: 1,517 zoned acres across 14 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
