Commercial Real Estate Market in Norton, OH
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
11 active listings and 226 off-market properties in Norton, OH.
Market Trends
Norton, OH spans 35.0 square miles in Summit County, Ohio. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Norton, 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 Norton, OH runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Norton, 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 Norton, OH asks $100/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
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 61.2%
- Industrial 19.7%
- Open space 9%
- Commercial 8.6%
- Mixed use 1.4%
- Planned_development 0.1%
Largest Zones share of zoned land by district
One Family Residence
Light Industrial
One Family Residence
Public Recreation
Rural Residential
Norton, OH zones 12,740 acres across 18 districts. Commercial zoning covers 8.6% of zoned land, residential 61.2%, open space 9% and industrial 19.7%. The largest single district is One Family Residence at 35.5%. For commercial buyers the practical constraint is that only 28.3% of land carries a commercial or industrial designation.
One Family Residence (R-1)
This district intends to provide One family Residential uses
Market overview
Demographics & Economy
Norton, OH has 39,577 residents in 18,198 households. Density runs 1,130 people per square mile. Median household income here is $59,124 and median gross rent $832 a month.
39,577
Population
18,198
Households
2.2
Avg Household Size
43
Median Age
21%
College-Educated
91%
High-School Grad
35 sq mi
ZIP Area
1,130
Density / Sq Mi
$59,124
Median Household Income
$36,954
Median Earnings
$832
Median Rent
$148,300
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Barberton | — | — |
| Wadsworth | — | — |
| Doylestown | — | — |
| Akron | — | $20.20 |
Commercial property in Norton, OH asks $356,250/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Norton?
Commercial property in Norton, OH asks an average of $356,250 per square foot. The 4 most recent recorded sales traded at a median of $137/SF, so asking sits 259630% above the achieved median. Multifamily carries the highest asking price at $100/SF.
What zoning applies to commercial property in Norton?
Norton, OH zones 12,740 acres across 18 districts, of which 8.6% is commercial and 19.7% industrial. The largest single district is One Family Residence at 35.5% of zoned land. This district intends to provide One family Residential uses Residential zoning covers 61.2% and open space 9%.
Where does Realmo's Norton market data come from?
Realmo compiles Norton, OH figures from 7 recent recorded sales, 3 active sale listings, 8 active lease listings, 226 tracked off-market properties, the current Norton zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 3 active for-sale and 8 active for-lease listings in Norton, 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: 12,740 zoned acres across 18 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
