Commercial Real Estate Market in Avon Lake, OH
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
17 active listings and 751 off-market properties in Avon Lake, OH.
Market Trends
Avon Lake, OH spans 11.1 square miles in Lorain County, Ohio. Figures below refresh monthly; last updated 30 September 2026.
Office
Office vacancy in Avon Lake, OH runs 21.3% across the Midwest region in 2025, up from 13.7% in 2019.
Vacancy Rate % in Midwest region
Retail
Retail vacancy in Avon Lake, OH runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Avon Lake, OH runs 4.9% across the Midwest region in 2025, up from 4.4% in 2019. Nearly 1.6x the 2022 low of 3.1%.
Vacancy Rate % in Midwest region
Multifamily
Multifamily space in Avon Lake, OH asks $88/SF to buy. Vacancy runs 8% across the Midwest region in 2025, up from 6.5% in 2022.
Average Sale Price $/SF
Listings
Vacancy Rate % in Midwest region
Market overview
Demographics & Economy
Avon Lake, OH has 25,206 residents in 10,884 households. Density runs 2,265 people per square mile. Median household income here is $110,174 and median gross rent $1,500 a month.
25,206
Population
10,884
Households
2.3
Avg Household Size
45
Median Age
54%
College-Educated
98%
High-School Grad
11.1 sq mi
ZIP Area
2,265
Density / Sq Mi
$110,174
Median Household Income
$63,289
Median Earnings
$1,500
Median Rent
$337,200
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Westlake | $76 (county avg) | $19.94 |
| North Olmsted | $76 (county avg) | $15.47 |
| Rocky River | $76 (county avg) | — |
Commercial property in Avon Lake, OH asks $69/SF. The 3 bordering markets run from $76/SF in Westlake to $76/SF in Westlake, and the city sits below their $76/SF median.
Frequently Asked Questions
What is the average price per square foot for commercial property in Avon Lake?
Commercial property in Avon Lake, OH asks an average of $69 per square foot. The 6 most recent recorded sales traded at a median of $163/SF. Multifamily carries the highest asking price at $88/SF.
How does Avon Lake compare to nearby markets on price?
Avon Lake, OH asks $69/SF against $76/SF in Westlake, $76/SF in North Olmsted and $76/SF in Rocky River.
Where does Realmo's Avon Lake market data come from?
Realmo compiles Avon Lake, OH figures from 7 recent recorded sales, 12 active sale listings, 5 active lease listings, 751 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 12 active for-sale and 5 active for-lease listings in Avon Lake, OH. 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 Midwest region level, retail vacancy is reported at Midwest region level and industrial vacancy is reported at Midwest 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 30 September 2026 · How Realmo checks market page data · Report a data issue
