Commercial Real Estate Market in Follansbee, WV
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
9 active listings and 258 off-market properties in Follansbee, WV.
Market Trends
Follansbee, WV spans 6.8 square miles in Brooke County, West Virginia. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Follansbee, WV runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Vacancy Rate % in South region
Retail
Retail vacancy in Follansbee, WV runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Follansbee, WV runs 7.9% across the South region in 2025, up from 6% in 2019. Nearly 2.3x the 2022 low of 3.5%.
Vacancy Rate % in South region
Multifamily
Multifamily vacancy in Follansbee, WV runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Vacancy Rate % in South region
Market overview
Demographics & Economy
Follansbee, WV has 6,365 residents in 2,993 households. Density runs 935 people per square mile. Median household income here is $56,713 and median gross rent $623 a month.
6,365
Population
2,993
Households
2.1
Avg Household Size
47
Median Age
21%
College-Educated
92%
High-School Grad
6.8 sq mi
ZIP Area
935
Density / Sq Mi
$56,713
Median Household Income
$47,155
Median Earnings
$623
Median Rent
$130,800
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Mingo Junction | — | — |
| Georges Run | — | — |
| Colliers | — | — |
| Steubenville | — | — |
Commercial property in Follansbee, WV asks $694/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Follansbee?
Commercial property in Follansbee, WV asks an average of $694 per square foot.
Where does Realmo's Follansbee market data come from?
Realmo compiles Follansbee, WV figures from 7 active sale listings, 2 active lease listings, 258 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 7 active for-sale and 2 active for-lease listings in Follansbee, WV. 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 South region level, retail vacancy is reported at South region level and industrial vacancy is reported at South 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
