Commercial Real Estate Market in Wellsville, OH
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
13 active listings and 381 off-market properties in Wellsville, OH.
Market Trends
Wellsville, OH spans 33.9 square miles in Columbiana County, Ohio. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Wellsville, 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 Wellsville, OH runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Wellsville, 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 Wellsville, OH runs 8% across the Midwest region in 2025, up from 6.5% in 2022.
Vacancy Rate % in Midwest region
Market overview
Demographics & Economy
Wellsville, OH has 6,546 residents in 3,184 households. Density runs 193 people per square mile. Median household income here is $62,172 and median gross rent $784 a month.
6,546
Population
3,184
Households
2.1
Avg Household Size
45
Median Age
12%
College-Educated
91%
High-School Grad
33.9 sq mi
ZIP Area
193
Density / Sq Mi
$62,172
Median Household Income
$40,675
Median Earnings
$784
Median Rent
$96,200
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Newell | — | — |
| Chester | — | — |
| Irondale | — | — |
| Stratton | — | — |
Commercial property in Wellsville, OH asks $69/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Wellsville?
Commercial property in Wellsville, OH asks an average of $69 per square foot. The 4 most recent recorded sales traded at a median of $33/SF, so asking sits 108% above the achieved median.
Where does Realmo's Wellsville market data come from?
Realmo compiles Wellsville, OH figures from 6 recent recorded sales, 12 active sale listings, 1 active lease listings, 381 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 12 active for-sale and 1 active for-lease listings in Wellsville, 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, 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
