Commercial Real Estate Market in Mayfield, OH
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
1 active listing and 77 off-market properties in Mayfield, OH.
Market Trends
Mayfield, OH spans 14.1 square miles in Cuyahoga County, Ohio. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Mayfield, 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 Mayfield, OH runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Mayfield, 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 Mayfield, OH asks $78/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 82.5%
- Planned_development 8.9%
- Commercial 0.8%
Largest Zones share of zoned land by district
Single Family
Production Distribution
Office Laboratory
Apartment House
Planned Residential Development
Mayfield, OH zones 2,445 acres across 8 districts. Commercial zoning covers 0.8% of zoned land, residential 82.5%. The largest single district is Single Family at 81.5%. For commercial buyers the practical constraint is that only 0.8% of land carries a commercial or industrial designation.
Single Family (U-1)
The purpose of U-1 district is to promote single family dwelling and other uses such as farming, nursery and truck gardening
Market overview
Demographics & Economy
Mayfield, OH has 25,339 residents in 11,879 households. Density runs 1,800 people per square mile. Median household income here is $75,853 and median gross rent $952 a month.
25,339
Population
11,879
Households
2.1
Avg Household Size
50
Median Age
43%
College-Educated
94%
High-School Grad
14.1 sq mi
ZIP Area
1,800
Density / Sq Mi
$75,853
Median Household Income
$52,497
Median Earnings
$952
Median Rent
$252,200
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Lyndhurst | $76 (county avg) | — |
| Pepper Pike | $76 (county avg) | — |
| Mayfield Heights | $76 (county avg) | — |
| Highland Hills | $76 (county avg) | — |
Commercial property in Mayfield, OH asks $76/SF. The 4 bordering markets run from $76/SF in Lyndhurst to $76/SF in Lyndhurst, 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 Mayfield?
Commercial property in Mayfield, OH asks an average of $76 per square foot. The 3 most recent recorded sales traded at a median of $82/SF. Multifamily carries the highest asking price at $78/SF.
How does Mayfield compare to nearby markets on price?
Mayfield, OH asks $76/SF against $76/SF in Lyndhurst, $76/SF in Pepper Pike, $76/SF in Mayfield Heights and $76/SF in Highland Hills.
What zoning applies to commercial property in Mayfield?
Mayfield, OH zones 2,445 acres across 8 districts, of which 0.8% is commercial and 0% industrial. The largest single district is Single Family at 81.5% of zoned land. The purpose of U-1 district is to promote single family dwelling and other uses such as farming, nursery and truck gardening Residential zoning covers 82.5% and open space 0%.
Where does Realmo's Mayfield market data come from?
Realmo compiles Mayfield, OH figures from 4 recent recorded sales, 1 active lease listings, 77 tracked off-market properties, the current Mayfield zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 0 active for-sale and 1 active for-lease listings in Mayfield, 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.
- Zoning and land use
- The current municipal zoning release: 2,445 zoned acres across 8 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 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
