Commercial Real Estate Market in Medina, OH
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
113 active listings and 2,146 off-market properties in Medina, OH. Commercial property asks $1,054/SF to buy and $10.33/SF/Yr to lease.
Market Trends
Medina, OH spans 133.0 square miles in Medina County, Ohio. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Medina, 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 Medina, OH runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Medina, 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 vacancy in Medina, OH runs 8% across the Midwest region in 2025, up from 6.5% in 2022.
Vacancy Rate % in Midwest region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 44.9%
- Industrial 27.3%
- Open space 10.2%
- Commercial 9.8%
- Mixed use 0.6%
Largest Zones share of zoned land by district
Low Density Residential
Industrial
High Density Urban Residential
Open Space Conservation
Public Facilities
Medina, OH zones 7,400 acres across 12 districts. Commercial zoning covers 9.8% of zoned land, residential 44.9%, open space 10.2% and industrial 27.3%. The largest single district is Low Density Residential at 27.5%. For commercial buyers the practical constraint is that only 37% of land carries a commercial or industrial designation.
Industrial (I-1)
The I-1 Industrial District is established to provide for and accommodate industrial uses in the fields of repair, storage, manufacturing, processing, wholesaling and distribution, free from the encroachment of residential and institutional uses. The principally permitted uses are those, because of their normally unobjectionable characteristics, that can be…
Market overview
Demographics & Economy
Medina, OH has 67,104 residents in 28,000 households. Density runs 505 people per square mile. Median household income here is $99,629 and median gross rent $1,121 a month.
67,104
Population
28,000
Households
2.4
Avg Household Size
43
Median Age
42%
College-Educated
96%
High-School Grad
133 sq mi
ZIP Area
505
Density / Sq Mi
$99,629
Median Household Income
$54,621
Median Earnings
$1,121
Median Rent
$288,930
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Chippewa Lake | — | — |
| Westfield Center | — | — |
| Seville | — | — |
| Guilford | — | — |
Commercial property in Medina, OH asks $1,054/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Medina?
Commercial property in Medina, OH asks an average of $1,054 per square foot. The 7 most recent recorded sales traded at a median of $148/SF, so asking sits 614% above the achieved median.
How much does it cost to lease commercial space in Medina?
Asking lease rates in Medina, OH average $10.33 per square foot per year.
What zoning applies to commercial property in Medina?
Medina, OH zones 7,400 acres across 12 districts, of which 9.8% is commercial and 27.3% industrial. The largest single district is Low Density Residential at 27.5% of zoned land. Residential zoning covers 44.9% and open space 10.2%.
Where does Realmo's Medina market data come from?
Realmo compiles Medina, OH figures from 7 recent recorded sales, 54 active sale listings, 59 active lease listings, 2,146 tracked off-market properties, the current Medina zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 54 active for-sale and 59 active for-lease listings in Medina, 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: 7,400 zoned acres across 12 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, 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 31 August 2026 · report a data issue
