Commercial Real Estate Market in Medina, NY
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
37 active listings and 352 off-market properties in Medina, NY. Commercial property asks $149/SF to buy and $12.45/SF/Yr to lease.
Market Trends
Medina, NY spans 78.9 square miles in Orleans County, New York. Figures below refresh monthly; last updated 30 September 2026.
Office
Office vacancy in Medina, NY runs 19.9% across the Northeast region in 2025, up from 13.1% in 2019.
Vacancy Rate % in Northeast region
Retail
Retail vacancy in Medina, NY runs 6% across the Northeast region in 2025, little changed from 6% in 2019. Down from a 2020 peak of 7.1%.
Vacancy Rate % in Northeast region
Industrial
Industrial vacancy in Medina, NY runs 7.6% across the Northeast region in 2025, up from 5.4% in 2019. Nearly 2.4x the 2021 low of 3.2%.
Vacancy Rate % in Northeast region
Multifamily
Multifamily space in Medina, NY asks $105/SF to buy. Vacancy runs 5.6% across the Northeast region in 2025, up from 4% in 2022.
Average Sale Price $/SF
Listings
Vacancy Rate % in Northeast region
Market overview
Demographics & Economy
Medina, NY has 10,589 residents in 4,769 households. Density runs 134 people per square mile. Median household income here is $68,781 and median gross rent $911 a month.
10,589
Population
4,769
Households
2.2
Avg Household Size
43
Median Age
18%
College-Educated
84%
High-School Grad
78.9 sq mi
ZIP Area
134
Density / Sq Mi
$68,781
Median Household Income
$41,667
Median Earnings
$911
Median Rent
$127,100
Median Home Value
Tools
Lease vs Buy Breakeven
At $12.45/SF/Yr lease vs $149/SF buy → buying wins if held > 2 years.
At a 8.4% gross asking yield the payback reads short relative to leasing. Assumes 30% down at 6.5% fixed, 2% a year in taxes and upkeep, 3% appreciation, 5% opportunity cost, 2% closing plus 5% selling costs, and a 3% annual rent escalator.
Nearby Markets
Commercial property in Medina, NY asks $149/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Medina?
Commercial property in Medina, NY asks an average of $149 per square foot. The 7 most recent recorded sales traded at a median of $25/SF, so asking sits 492% above the achieved median. Multifamily carries the highest asking price at $105/SF.
How much does it cost to lease commercial space in Medina?
Asking lease rates in Medina, NY average $12.45 per square foot per year.
Is it cheaper to lease or buy commercial space in Medina?
Buying beats leasing in Medina, NY if the property is held longer than 2.0 years, comparing $12.45/SF/Yr asking rent with $149/SF asking price. The model assumes 30% down at 6.5% fixed, 2% of value per year in taxes and upkeep, 3% appreciation, 5% opportunity cost on the cash and a 3% annual rent escalator.
Where does Realmo's Medina market data come from?
Realmo compiles Medina, NY figures from 7 recent recorded sales, 23 active sale listings, 14 active lease listings, 352 tracked off-market properties. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 23 active for-sale and 14 active for-lease listings in Medina, NY. 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 30 September 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at Northeast region level, retail vacancy is reported at Northeast region level, industrial vacancy is reported at Northeast region level and asking prices run materially above recent closed pricing.
- 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 30 September 2026 · report a data issue
