Commercial Real Estate Market in Wilmington, OH
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
76 active listings and 1,337 off-market properties in Wilmington, OH. Commercial property asks $42/SF to buy and $7.00/SF/Yr to lease.
Market Trends
Wilmington, OH spans 170.0 square miles in Clinton County, Ohio. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Wilmington, 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 Wilmington, OH runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Wilmington, 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 Wilmington, 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
- Industrial 49.6%
- Civic 26.2%
- Residential 13.2%
- Commercial 9.3%
- Planned_development 1.8%
Largest Zones share of zoned land by district
Light Industrial
Suburban Neighborhood
Rural Residential
Suburban Commercial
Traditional Neighborhood
Wilmington, OH zones 8,506 acres across 12 districts. Commercial zoning covers 9.3% of zoned land, residential 13.2% and industrial 49.6%. The largest single district is Light Industrial at 48.4%. For commercial buyers the practical constraint is that only 58.9% of land carries a commercial or industrial designation.
Light Industrial (LI)
Non-conformities. Any non-conforming lots, uses, or structures/buildings present are subject to the provisions of Section 1135.13 (Non-conformity provisions). ( Ord. No. O-18-68 , § 3(Exh. A), 12-20-18) Sec. 1153.02. - LI-Light Industrial District. (a) Purpose statement. The purpose of the LI "Light Industrial" District is to provide for appropriate areas wi…
Market overview
Demographics & Economy
Wilmington, OH has 22,349 residents in 9,870 households. Density runs 132 people per square mile. Median household income here is $70,483 and median gross rent $933 a month.
22,349
Population
9,870
Households
2.3
Avg Household Size
40
Median Age
26%
College-Educated
94%
High-School Grad
170 sq mi
ZIP Area
132
Density / Sq Mi
$70,483
Median Household Income
$36,980
Median Earnings
$933
Median Rent
$209,400
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Martinsville | — | — |
| Reesville | — | — |
| Clarksville | — | — |
| Lees Creek | — | — |
Commercial property in Wilmington, OH asks $42/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Wilmington?
Commercial property in Wilmington, OH asks an average of $42 per square foot. The 7 most recent recorded sales traded at a median of $58/SF.
How much does it cost to lease commercial space in Wilmington?
Asking lease rates in Wilmington, OH average $7.00 per square foot per year.
What zoning applies to commercial property in Wilmington?
Wilmington, OH zones 8,506 acres across 12 districts, of which 9.3% is commercial and 49.6% industrial. The largest single district is Light Industrial at 48.4% of zoned land. Non-conformities. Any non-conforming lots, uses, or structures/buildings present are subject to the provisions of Section 1135.13 (Non-conformity provisions). ( Ord. No. O-18-68 , § 3(Exh. A), 12-20-18) Sec. 1153.02. - LI-Light Industrial District. (a) Purpose statement. The purpose of the LI "Light Industrial" District is to provide for appropriate areas wi… Residential zoning covers 13.2% and open space 0%.
Where does Realmo's Wilmington market data come from?
Realmo compiles Wilmington, OH figures from 8 recent recorded sales, 60 active sale listings, 16 active lease listings, 1,337 tracked off-market properties, the current Wilmington zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 60 active for-sale and 16 active for-lease listings in Wilmington, 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: 8,506 zoned acres across 12 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
