Commercial Real Estate Market in Geneva, OH
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
41 active listings and 797 off-market properties in Geneva, OH. Commercial property asks $235/SF to buy and $18.00/SF/Yr to lease.
Market Trends
Geneva, OH spans 65.1 square miles in Ashtabula County, Ohio. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Geneva, 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 Geneva, OH runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Geneva, 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 Geneva, OH asks $79/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
Geneva, OH has 13,910 residents in 7,155 households. Density runs 214 people per square mile. Median household income here is $58,438 and median gross rent $816 a month.
13,910
Population
7,155
Households
1.9
Avg Household Size
46
Median Age
18%
College-Educated
91%
High-School Grad
65.1 sq mi
ZIP Area
214
Density / Sq Mi
$58,438
Median Household Income
$37,644
Median Earnings
$816
Median Rent
$167,000
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Unionville | — | — |
| Geneva on the Lake | — | — |
| Austinburg | — | — |
| Madison-on-the-Lake | — | — |
Commercial property in Geneva, OH asks $235/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Geneva?
Commercial property in Geneva, OH asks an average of $235 per square foot. The 4 most recent recorded sales traded at a median of $172/SF, so asking sits 37% above the achieved median. Multifamily carries the highest asking price at $79/SF.
How much does it cost to lease commercial space in Geneva?
Asking lease rates in Geneva, OH average $18.00 per square foot per year.
Where does Realmo's Geneva market data come from?
Realmo compiles Geneva, OH figures from 6 recent recorded sales, 34 active sale listings, 7 active lease listings, 797 tracked off-market properties. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 34 active for-sale and 7 active for-lease listings in Geneva, 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 31 August 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 31 August 2026 · report a data issue
