Commercial Real Estate Market in Middletown, OH
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
99 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 August 2026.
Office
Office vacancy in Middletown, 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 Middletown, OH runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
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%.
Vacancy Rate % in Midwest region
Multifamily
Multifamily vacancy in Middletown, 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
- 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
General Industrial District
Attached Residential District
Medium Density Residential District
Low Density Residential District
Industrial Park 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.
114,677
Population
47,427
Households
2.4
Avg Household Size
39
Median Age
24%
College-Educated
89%
High-School Grad
123.6 sq mi
ZIP Area
928
Density / Sq Mi
$71,349
Median Household Income
$41,825
Median Earnings
$1,006
Median Rent
$213,422
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Liberty Township | — | — |
| Trenton | — | — |
| Monroe | — | — |
| Franklin | — | — |
Frequently Asked Questions
What zoning applies to commercial property in Middletown?
Middletown, OH zones 17,029 acres across 33 districts, of which 32.9% is commercial and 32.5% industrial. The largest single district is General Industrial District at 24.1% of zoned land. Residential zoning covers 29% and open space 0%.
Where does Realmo's Middletown market data come from?
Realmo compiles Middletown, OH figures from 6 recent recorded sales, 79 active sale listings, 20 active lease listings, 4,438 tracked off-market properties, the current Middletown zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 79 active for-sale and 20 active for-lease listings in Middletown, 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: 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 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
