Commercial Real Estate Market in Macedonia, OH
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
28 active listings and 360 off-market properties in Macedonia, OH. Commercial property asks $65/SF to buy and $9.69/SF/Yr to lease.
Market Trends
Macedonia, OH spans 27.0 square miles in Summit County, Ohio. Figures below refresh monthly; last updated 30 September 2026.
Office
Office vacancy in Macedonia, 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 Macedonia, OH runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Macedonia, 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 Macedonia, 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
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 62.1%
- Industrial 21.9%
- Commercial 6%
- Planned_development 5.2%
Largest Zones share of zoned land by district
Residence District
General Industrial District
Residence District And Planned Unit District
No Zoning
Residential Park District
Macedonia, OH zones 6,242 acres across 13 districts. Commercial zoning covers 6% of zoned land, residential 62.1% and industrial 21.9%. The largest single district is Residence District at 55.6%. For commercial buyers the practical constraint is that only 28% of land carries a commercial or industrial designation.
Residence District (R-1)
This district intends to promote Single family dwelling uses
Market overview
Demographics & Economy
Macedonia, OH has 32,151 residents in 14,099 households. Density runs 1,193 people per square mile. Median household income here is $96,257 and median gross rent $1,538 a month.
32,151
Population
14,099
Households
2.3
Avg Household Size
48
Median Age
40%
College-Educated
94%
High-School Grad
27 sq mi
ZIP Area
1,193
Density / Sq Mi
$96,257
Median Household Income
$51,470
Median Earnings
$1,538
Median Rent
$257,372
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Brecksville | $76 (county avg) | $15.68 |
| Bedford | $76 (county avg) | — |
Commercial property in Macedonia, OH asks $65/SF. The 2 bordering markets run from $76/SF in Brecksville to $76/SF in Brecksville, and the city sits below their $76/SF median.
Frequently Asked Questions
What is the average price per square foot for commercial property in Macedonia?
Commercial property in Macedonia, OH asks an average of $65 per square foot. The 3 most recent recorded sales traded at a median of $108/SF. Multifamily carries the highest asking price at $91/SF.
How much does it cost to lease commercial space in Macedonia?
Asking lease rates in Macedonia, OH average $9.69 per square foot per year.
How does Macedonia compare to nearby markets on price?
Macedonia, OH asks $65/SF against $76/SF in Brecksville and $76/SF in Bedford.
What zoning applies to commercial property in Macedonia?
Macedonia, OH zones 6,242 acres across 13 districts, of which 6% is commercial and 21.9% industrial. The largest single district is Residence District at 55.6% of zoned land. This district intends to promote Single family dwelling uses Residential zoning covers 62.1% and open space 0%.
Where does Realmo's Macedonia market data come from?
Realmo compiles Macedonia, OH figures from 6 recent recorded sales, 12 active sale listings, 16 active lease listings, 360 tracked off-market properties, the current Macedonia zoning release. 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 16 active for-lease listings in Macedonia, 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: 6,242 zoned acres across 13 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 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
