Commercial Real Estate Market in Niles, OH
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
25 active listings and 1,654 off-market properties in Niles, OH.
Market Trends
Niles, OH spans 14.0 square miles in Trumbull County, Ohio. Figures below refresh monthly; last updated 31 October 2026.
Office
Office vacancy in Niles, OH runs 21.3% across the Midwest region in 2025, up from 13.7% in 2019.
Retail
Retail vacancy in Niles, OH runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Industrial
Industrial vacancy in Niles, 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
Across Trumbull County, multifamily space asks $39/SF to buy. Multifamily vacancy in Niles, OH 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
- Residential 58.2%
- Industrial 20.7%
- Commercial 18.1%
Largest Zones share of zoned land by district
Niles, OH zones 4,743 acres across 10 districts. Commercial zoning covers 18.1% of zoned land, residential 58.2% and industrial 20.7%. The largest single district is Residence District at 49%. For commercial buyers the practical constraint is that only 38.8% of land carries a commercial or industrial designation.
The intent of this zone to promote two family residentail uses
Market overview
Demographics & Economy
Niles, OH has 20,173 residents in 10,476 households. Density runs 1,443 people per square mile. Median household income here is $49,779 and median gross rent $786 a month.
Tools
Frequently Asked Questions
What is the median price per square foot for commercial property in Niles?
What zoning applies to commercial property in Niles?
Where does Realmo's Niles market data come from?
Methodology & data sources
- Asking prices and medians
- There are 18 active for-sale and 7 active for-lease listings in Niles, OH. The sale median is based on 5 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: 4,743 zoned acres across 10 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
