Commercial Real Estate Market in Copley, OH
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
606 active listings and 9,708 off-market properties in Copley, OH. Commercial property asks $173/SF to buy and $19.90/SF/Yr to lease.
Market Trends
Copley, OH spans 14.6 square miles in Summit County, Ohio. Figures below refresh monthly; last updated 30 September 2026.
Office
Office space in Copley, OH asks $18.57/SF/Yr to lease. Vacancy runs 21.3% across the Midwest region in 2025, up from 13.7% in 2019.
Average Lease Price $/SF/Yr
Listings
Vacancy Rate % in Midwest region
Retail
Retail vacancy in Copley, OH runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Copley, 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 Copley, OH asks $91/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
Copley, OH has 15,993 residents in 6,597 households. Density runs 1,095 people per square mile. Median household income here is $119,282 and median gross rent $1,423 a month.
15,993
Population
6,597
Households
2.4
Avg Household Size
40
Median Age
60%
College-Educated
98%
High-School Grad
14.6 sq mi
ZIP Area
1,095
Density / Sq Mi
$119,282
Median Household Income
$66,933
Median Earnings
$1,423
Median Rent
$320,400
Median Home Value
Tools
Lease vs Buy Breakeven
At $19.90/SF/Yr lease vs $173/SF buy → buying wins if held > 1.1 years.
At a 11.5% 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
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Norton | — | — |
| Fairlawn | — | $16.70 |
| Barberton | — | — |
| Wadsworth | — | — |
Commercial property in Copley, OH asks $173/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Copley?
Commercial property in Copley, OH asks an average of $173 per square foot. The 5 most recent recorded sales traded at a median of $32/SF, so asking sits 440% above the achieved median. Multifamily carries the highest asking price at $91/SF.
How much does it cost to lease commercial space in Copley?
Asking lease rates in Copley, OH average $19.90 per square foot per year. Office asks $18.57/SF/Yr as of Q2 26, up from $14.84/SF/Yr in Q1 26.
Is it cheaper to lease or buy commercial space in Copley?
Buying beats leasing in Copley, OH if the property is held longer than 1.1 years, comparing $19.90/SF/Yr asking rent with $173/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 Copley market data come from?
Realmo compiles Copley, OH figures from 6 recent recorded sales, 356 active sale listings, 250 active lease listings, 9,708 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 356 active for-sale and 250 active for-lease listings in Copley, 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, 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 · report a data issue
