Commercial Real Estate Market in Newburgh Heights, OH
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
11 active listings and 84 off-market properties in Newburgh Heights, OH. Commercial property asks $76/SF to buy and $13.53/SF/Yr to lease.
Market Trends
Newburgh Heights, OH spans 10.7 square miles in Cuyahoga County, Ohio. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Newburgh Heights, 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 Newburgh Heights, OH runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Newburgh Heights, 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 Newburgh Heights, 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
Market overview
Demographics & Economy
Newburgh Heights, OH has 38,279 residents in 19,710 households. Density runs 3,576 people per square mile. Median household income here is $37,711 and median gross rent $863 a month.
38,279
Population
19,710
Households
1.9
Avg Household Size
38
Median Age
11%
College-Educated
82%
High-School Grad
10.7 sq mi
ZIP Area
3,576
Density / Sq Mi
$37,711
Median Household Income
$32,019
Median Earnings
$863
Median Rent
$55,767
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Cuyahoga Heights | $76 (county avg) | — |
| Brooklyn Heights | $76 (county avg) | — |
| Cleveland | $76 (county avg) | $13.62 |
| Garfield Heights | $76 (county avg) | — |
Commercial property in Newburgh Heights, OH asks $76/SF. The 4 bordering markets run from $76/SF in Cuyahoga Heights to $76/SF in Cuyahoga Heights, 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 Newburgh Heights?
Commercial property in Newburgh Heights, OH asks an average of $76 per square foot. The 3 most recent recorded sales traded at a median of $89/SF. Multifamily carries the highest asking price at $78/SF.
How much does it cost to lease commercial space in Newburgh Heights?
Asking lease rates in Newburgh Heights, OH average $13.53 per square foot per year.
How does Newburgh Heights compare to nearby markets on price?
Newburgh Heights, OH asks $76/SF against $76/SF in Cuyahoga Heights, $76/SF in Brooklyn Heights, $76/SF in Cleveland and $76/SF in Garfield Heights.
Where does Realmo's Newburgh Heights market data come from?
Realmo compiles Newburgh Heights, OH figures from 3 recent recorded sales, 9 active sale listings, 2 active lease listings, 84 tracked off-market properties. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 9 active for-sale and 2 active for-lease listings in Newburgh Heights, 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.
- 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
