Commercial Real Estate Market in Avon, OH
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
59 active listings and 1,007 off-market properties in Avon, OH. Commercial property asks $672/SF to buy and $8.98/SF/Yr to lease.
Market Trends
Avon, OH spans 20.8 square miles in Lorain County, Ohio. Figures below refresh monthly; last updated 30 September 2026.
Office
Office vacancy in Avon, 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, 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, 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, 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
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 74.3%
- Industrial 16.4%
- Commercial 9.3%
Largest Zones share of zoned land by district
Single Family Residential
Single And Double Family Residential
General Industrial
General Business
General Business And Industrial Overlay
Avon, OH zones 13,090 acres across 15 districts. Commercial zoning covers 9.3% of zoned land, residential 74.3% and industrial 16.4%. The largest single district is Single Family Residential at 58.2%. For commercial buyers the practical constraint is that only 25.7% of land carries a commercial or industrial designation.
Single Family Residential (R-1)
The R-1 District is established to permit the development of standard single-family dwellings on individual lots, and Western Reserve development
Market overview
Demographics & Economy
Avon, OH has 24,847 residents in 9,782 households. Density runs 1,195 people per square mile. Median household income here is $126,618 and median gross rent $1,446 a month.
24,847
Population
9,782
Households
2.5
Avg Household Size
41
Median Age
59%
College-Educated
98%
High-School Grad
20.8 sq mi
ZIP Area
1,195
Density / Sq Mi
$126,618
Median Household Income
$67,143
Median Earnings
$1,446
Median Rent
$377,100
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Westlake | $76 (county avg) | $18.86 |
| North Olmsted | $76 (county avg) | $15.63 |
Commercial property in Avon, OH asks $672/SF. The 2 bordering markets run from $76/SF in Westlake to $76/SF in Westlake, and the city sits above their $76/SF median.
Frequently Asked Questions
What is the average price per square foot for commercial property in Avon?
Commercial property in Avon, OH asks an average of $672 per square foot. The 7 most recent recorded sales traded at a median of $224/SF, so asking sits 200% above the achieved median. Multifamily carries the highest asking price at $88/SF.
How much does it cost to lease commercial space in Avon?
Asking lease rates in Avon, OH average $8.98 per square foot per year.
How does Avon compare to nearby markets on price?
Avon, OH asks $672/SF against $76/SF in Westlake and $76/SF in North Olmsted. Westlake is the cheapest entry point at 89% below Avon pricing, with $18.86/SF/Yr asking rents.
What zoning applies to commercial property in Avon?
Avon, OH zones 13,090 acres across 15 districts, of which 9.3% is commercial and 16.4% industrial. The largest single district is Single Family Residential at 58.2% of zoned land. The R-1 District is established to permit the development of standard single-family dwellings on individual lots, and Western Reserve development Residential zoning covers 74.3% and open space 0%.
Where does Realmo's Avon market data come from?
Realmo compiles Avon, OH figures from 8 recent recorded sales, 37 active sale listings, 22 active lease listings, 1,007 tracked off-market properties, the current Avon zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 37 active for-sale and 22 active for-lease listings in Avon, 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.
- Zoning and land use
- The current municipal zoning release: 13,090 zoned acres across 15 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 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, industrial vacancy is reported at Midwest 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 · How Realmo checks market page data · Report a data issue
