Commercial Real Estate Market in Parkersburg, WV
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
102 active listings and 3,713 off-market properties in Parkersburg, WV. Commercial property asks $152/SF to buy and $7.25/SF/Yr to lease.
Market Trends
Parkersburg, WV spans 79.8 square miles in Wood County, West Virginia. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Parkersburg, 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 Parkersburg, WV runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Parkersburg, 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 Parkersburg, WV runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Vacancy Rate % in South region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 62.1%
- Commercial 21.8%
- Industrial 10.5%
- Open space 5.4%
- Mixed use 0.3%
Largest Zones share of zoned land by district
Residence District
Single Family Medium Density District
General Business District
Multifamily Apartment District
Recreation
Parkersburg, WV zones 7,145 acres across 14 districts. Commercial zoning covers 21.8% of zoned land, residential 62.1%, open space 5.4% and industrial 10.5%. The largest single district is Residence District at 25.7%. For commercial buyers the practical constraint is that only 32.2% of land carries a commercial or industrial designation.
Residence District (R-3)
R-3 RESIDENCE DISTRICT USE REGULATIONS. (a) Purpose and Scope . It is the purpose of the R-3 District to conserve value for family living in areas predominantly single-family but with scattered two-family homes in areas where the two-family home is the principal type. The District is also applicable to developed areas where conversions to many dwelling units…
Market overview
Demographics & Economy
Parkersburg, WV has 57,347 residents in 28,346 households. Density runs 719 people per square mile. Median household income here is $51,620 and median gross rent $769 a month.
57,347
Population
28,346
Households
2
Avg Household Size
43
Median Age
22%
College-Educated
89%
High-School Grad
79.8 sq mi
ZIP Area
719
Density / Sq Mi
$51,620
Median Household Income
$35,932
Median Earnings
$769
Median Rent
$135,752
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Belpre | — | — |
| Vienna | — | — |
| North Hills | — | — |
| Mineral Wells | — | — |
Commercial property in Parkersburg, WV asks $152/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Parkersburg?
Commercial property in Parkersburg, WV asks an average of $152 per square foot.
How much does it cost to lease commercial space in Parkersburg?
Asking lease rates in Parkersburg, WV average $7.25 per square foot per year.
What zoning applies to commercial property in Parkersburg?
Parkersburg, WV zones 7,145 acres across 14 districts, of which 21.8% is commercial and 10.5% industrial. The largest single district is Residence District at 25.7% of zoned land. R-3 RESIDENCE DISTRICT USE REGULATIONS. (a) Purpose and Scope . It is the purpose of the R-3 District to conserve value for family living in areas predominantly single-family but with scattered two-family homes in areas where the two-family home is the principal type. The District is also applicable to developed areas where conversions to many dwelling units… Residential zoning covers 62.1% and open space 5.4%.
Where does Realmo's Parkersburg market data come from?
Realmo compiles Parkersburg, WV figures from 6 recent recorded sales, 95 active sale listings, 7 active lease listings, 3,713 tracked off-market properties, the current Parkersburg zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 95 active for-sale and 7 active for-lease listings in Parkersburg, 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.
- Zoning and land use
- The current municipal zoning release: 7,145 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 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
