Commercial Real Estate Market in Wheeling, WV
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
28 active listings and 2,602 off-market properties in Wheeling, WV.
Market Trends
Wheeling, WV spans 91.1 square miles in Ohio County, West Virginia. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Wheeling, 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 Wheeling, WV runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Wheeling, 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 space in Wheeling, WV asks $53/SF to buy. Vacancy runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Average Sale Price $/SF
Listings
Vacancy Rate % in South region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 72.6%
- Commercial 11.3%
- Industrial 7.5%
- Civic 7.5%
- Mixed use 0.6%
- Planned_development 0.5%
Largest Zones share of zoned land by district
Single Family Low Density
General Commercial
Single Family High Density
Educational Medical And Office District
Single Family Medium Density
Wheeling, WV zones 8,904 acres across 17 districts. Commercial zoning covers 11.3% of zoned land, residential 72.6% and industrial 7.5%. The largest single district is Single Family Low Density at 50.4%. For commercial buyers the practical constraint is that only 18.9% of land carries a commercial or industrial designation.
General Commercial (C-2)
All Zoning Districts ARTICLE 1335 Residential Districts ARTICLE 1339 Commercial Districts 1339.01 GENERAL PROVISIONS AND REFERENCES. 1339.02 LOT, AREA, AND BULK REQUIREMENTS. 1339.03 C-1 NEIGHBORHOOD COMMERCIAL. 1339.04 C-2 GENERAL COMMERCIAL. 1339.05 D-1 DOWNTOWN, HIGH DENSITY. 1339.06 D-2 DOWNTOWN, MEDIUM DENSITY. 1339.07 D-3 RIVERFRONT DISTRICT. 1339.08 E…
Market overview
Demographics & Economy
Wheeling, WV has 40,591 residents in 20,853 households. Density runs 446 people per square mile. Median household income here is $58,625 and median gross rent $823 a month.
40,591
Population
20,853
Households
1.9
Avg Household Size
45
Median Age
33%
College-Educated
94%
High-School Grad
91.1 sq mi
ZIP Area
446
Density / Sq Mi
$58,625
Median Household Income
$39,042
Median Earnings
$823
Median Rent
$164,500
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Bridgeport | — | — |
| Bethlehem | — | — |
| Martins Ferry | — | — |
| Benwood | — | — |
Commercial property in Wheeling, WV asks $30/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Wheeling?
Commercial property in Wheeling, WV asks an average of $30 per square foot. The 7 most recent recorded sales traded at a median of $36/SF. Multifamily carries the highest asking price at $53/SF.
What zoning applies to commercial property in Wheeling?
Wheeling, WV zones 8,904 acres across 17 districts, of which 11.3% is commercial and 7.5% industrial. The largest single district is Single Family Low Density at 50.4% of zoned land. Residential zoning covers 72.6% and open space 0%.
Where does Realmo's Wheeling market data come from?
Realmo compiles Wheeling, WV figures from 8 recent recorded sales, 26 active sale listings, 2 active lease listings, 2,602 tracked off-market properties, the current Wheeling zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 26 active for-sale and 2 active for-lease listings in Wheeling, 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: 8,904 zoned acres across 17 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
