Commercial Real Estate Market in Ravenswood, WV
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
11 active listings and 296 off-market properties in Ravenswood, WV. Commercial property asks $242/SF to buy and $6.94/SF/Yr to lease.
Market Trends
Ravenswood, WV spans 102.2 square miles in Jackson County, West Virginia. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Ravenswood, 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 Ravenswood, WV runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Ravenswood, 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 Ravenswood, 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 61.2%
- Commercial 27.2%
- Open space 8.8%
Largest Zones share of zoned land by district
Single Family Residential
Single Family Residential
Commercial
Restricted Residential Commercial
Open Space
Ravenswood, WV zones 988 acres across 9 districts. Commercial zoning covers 27.2% of zoned land, residential 61.2% and open space 8.8%. The largest single district is Single Family Residential at 25.6%. For commercial buyers the practical constraint is that only 27.2% of land carries a commercial or industrial designation.
Single Family Residential (R-8)
To establish and protect the residential characteristics of the district and to promote and encourage a suitable environment for family life, The R Districts are intended for family homes and services appurtenant thereto
Market overview
Demographics & Economy
Ravenswood, WV has 7,674 residents in 3,364 households. Density runs 75 people per square mile. Median household income here is $48,250 and median gross rent $900 a month.
7,674
Population
3,364
Households
2.3
Avg Household Size
44
Median Age
17%
College-Educated
90%
High-School Grad
102.2 sq mi
ZIP Area
75
Density / Sq Mi
$48,250
Median Household Income
$36,182
Median Earnings
$900
Median Rent
$136,500
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Sherman | — | — |
| Portland | — | — |
| Millwood | — | — |
| Sandyville | — | — |
Commercial property in Ravenswood, WV asks $242/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Ravenswood?
Commercial property in Ravenswood, WV asks an average of $242 per square foot.
How much does it cost to lease commercial space in Ravenswood?
Asking lease rates in Ravenswood, WV average $6.94 per square foot per year.
What zoning applies to commercial property in Ravenswood?
Ravenswood, WV zones 988 acres across 9 districts, of which 27.2% is commercial and 0% industrial. The largest single district is Single Family Residential at 25.6% of zoned land. To establish and protect the residential characteristics of the district and to promote and encourage a suitable environment for family life, The R Districts are intended for family homes and services appurtenant thereto Residential zoning covers 61.2% and open space 8.8%.
Where does Realmo's Ravenswood market data come from?
Realmo compiles Ravenswood, WV figures from 9 active sale listings, 2 active lease listings, 296 tracked off-market properties, the current Ravenswood zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 9 active for-sale and 2 active for-lease listings in Ravenswood, 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: 988 zoned acres across 9 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
