Commercial Real Estate Market in Garfield Hts, OH
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
1,673 active listings and 18,724 off-market properties in Garfield Hts, OH. Commercial property asks $76/SF to buy and $14.20/SF/Yr to lease.
Market Trends
Garfield Hts, OH spans 31.7 square miles in Cuyahoga County, Ohio. Figures below refresh monthly; last updated 30 September 2026.
Office
Office vacancy in Garfield Hts, 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 Garfield Hts, OH runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Garfield Hts, 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 Garfield Hts, OH asks $77/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
Garfield Hts, OH has 91,909 residents in 44,561 households. Density runs 2,900 people per square mile. Median household income here is $45,791 and median gross rent $979 a month.
91,909
Population
44,561
Households
2.1
Avg Household Size
39
Median Age
15%
College-Educated
87%
High-School Grad
31.7 sq mi
ZIP Area
2,900
Density / Sq Mi
$45,791
Median Household Income
$34,072
Median Earnings
$979
Median Rent
$83,211
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Maple Heights | $76 (county avg) | $10.50 |
| Brooklyn Heights | $76 (county avg) | — |
Commercial property in Garfield Hts, OH asks $76/SF. The 2 bordering markets run from $76/SF in Maple Heights to $76/SF in Maple Heights, and the city sits in line with their $76/SF median.
Frequently Asked Questions
What is the average price per square foot for commercial property in Garfield Hts?
Commercial property in Garfield Hts, OH asks an average of $76 per square foot. The 5 most recent recorded sales traded at a median of $71/SF, so asking sits 7% above the achieved median. Multifamily carries the highest asking price at $77/SF.
How much does it cost to lease commercial space in Garfield Hts?
Asking lease rates in Garfield Hts, OH average $14.20 per square foot per year.
How does Garfield Hts compare to nearby markets on price?
Garfield Hts, OH asks $76/SF against $76/SF in Maple Heights and $76/SF in Brooklyn Heights.
Where does Realmo's Garfield Hts market data come from?
Realmo compiles Garfield Hts, OH figures from 6 recent recorded sales, 1,341 active sale listings, 332 active lease listings, 18,724 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 1,341 active for-sale and 332 active for-lease listings in Garfield Hts, 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.
- Price per square foot
- The county-level $/SF blends closed sales aggregated over the trailing months of available data, not a single day's snapshot — it can differ from any one month's own median.
- 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
