Commercial Real Estate Market in Middletown, OH
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
78 active listings and 4,438 off-market properties in Middletown, OH.
Market Trends
Middletown, OH spans 123.6 square miles in Warren County, Ohio. Figures below refresh monthly; last updated 31 October 2026.
Office
Office space in Middletown, OH has a median asking sale price of $62/SF (based on 8 listings). Vacancy runs 21.3% across the Midwest region in 2025, up from 13.7% in 2019.
Retail
Retail space in Middletown, OH has a median asking sale price of $52/SF (based on 9 listings). Vacancy runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Industrial
Industrial vacancy in Middletown, 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%.
Multifamily
Multifamily space in Middletown, OH has a median asking sale price of $86/SF. Vacancy runs 8% across the Midwest region in 2025, up from 6.5% in 2022.
Zoning & Land Use
Land Use Mix share of zoned land by category
- Commercial 32.9%
- Industrial 32.5%
- Residential 29%
- Planned_development 3.5%
- Civic 1.5%
- Mixed use 0.7%
Largest Zones share of zoned land by district
Middletown, OH zones 17,029 acres across 33 districts. Commercial zoning covers 32.9% of zoned land, residential 29% and industrial 32.5%. The largest single district is General Industrial District at 24.1%. For commercial buyers the practical constraint is that only 65.4% of land carries a commercial or industrial designation.
Market overview
Demographics & Economy
Middletown, OH has 114,677 residents in 47,427 households. Density runs 928 people per square mile. Median household income here is $71,349 and median gross rent $1,006 a month.
Tools
Nearby Markets
| Market | Median Asking Price, $/SF | Median Asking Rent, $/SF/Yr |
|---|---|---|
| Monroe | $151 | — |
| Franklin | $311 | — |
| Fairfield | $80 | — |
Commercial property in Middletown, OH asks $88/SF. The 3 bordering markets run from $80/SF in Fairfield to $311/SF in Franklin, and the city sits below their $151/SF median.
Frequently Asked Questions
What is the median price per square foot for commercial property in Middletown?
How does Middletown compare to nearby markets on price?
What zoning applies to commercial property in Middletown?
Where does Realmo's Middletown market data come from?
Methodology & data sources
- Asking prices and medians
- There are 58 active for-sale and 20 active for-lease listings in Middletown, OH. The sale median is based on 34 of the for-sale listings that state a price per square foot; too few for-lease listings state a rent per square foot for a rent median. These are ASKING figures from live listings, not closed-transaction prices, and a figure resting on fewer than 10 listings says so where it is quoted.
- 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: 17,029 zoned acres across 33 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 October 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 October 2026 · How Realmo checks market page data · Report a data issue