Commercial Real Estate Market in West Salem, OH
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
21 active listings and 290 off-market properties in West Salem, OH.
Market Trends
West Salem, OH spans 66.7 square miles in Wayne County, Ohio. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in West Salem, 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 West Salem, OH runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in West Salem, 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 West Salem, OH runs 8% across the Midwest region in 2025, up from 6.5% in 2022.
Vacancy Rate % in Midwest region
Market overview
Demographics & Economy
West Salem, OH has 7,561 residents in 3,250 households. Density runs 113 people per square mile. Median household income here is $71,146 and median gross rent $788 a month.
7,561
Population
3,250
Households
2.3
Avg Household Size
39
Median Age
22%
College-Educated
90%
High-School Grad
66.7 sq mi
ZIP Area
113
Density / Sq Mi
$71,146
Median Household Income
$37,526
Median Earnings
$788
Median Rent
$171,300
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Homerville | — | — |
| Polk | — | — |
| Burbank | — | — |
| Lodi | — | — |
Commercial property in West Salem, OH asks $1,306/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in West Salem?
Commercial property in West Salem, OH asks an average of $1,306 per square foot.
Where does Realmo's West Salem market data come from?
Realmo compiles West Salem, OH figures from 4 recent recorded sales, 21 active sale listings, 290 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 21 active for-sale and 0 active for-lease listings in West Salem, 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
