Commercial Real Estate Market in Norton, OH
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
20 active listings and 226 off-market properties in Norton, OH. Commercial property asks $126/SF to buy (based on 3 listings) and $12.00/SF/Yr to lease (based on 6 listings).
Market Trends
Norton, OH spans 35.0 square miles in Summit County, Ohio. Figures below refresh monthly; last updated 31 October 2026.
Office
Office vacancy in Norton, OH runs 21.3% across the Midwest region in 2025, up from 13.7% in 2019.
Retail
Retail vacancy in Norton, OH runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
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%.
Multifamily
Multifamily space in Norton, OH has a median asking sale price of $126/SF (based on 3 listings). 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
- 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
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.
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.
Tools
Nearby Markets
| Market | Median Asking Price, $/SF | Median Asking Rent, $/SF/Yr |
|---|---|---|
| Barberton | $62 | — |
| Wadsworth | $115 | — |
| Akron | $76 | $15.00 |
| Clinton | $106 | — |
Commercial property in Norton, OH asks $126/SF. The 4 bordering markets run from $62/SF in Barberton to $115/SF in Wadsworth, and the city sits above their $91/SF median.
Frequently Asked Questions
What is the median price per square foot for commercial property in Norton?
How much does it cost to lease commercial space in Norton?
How does Norton compare to nearby markets on price?
What zoning applies to commercial property in Norton?
Where does Realmo's Norton market data come from?
Methodology & data sources
- Asking prices and medians
- There are 6 active for-sale and 14 active for-lease listings in Norton, OH. The medians are based on 3 of the for-sale and 6 of the for-lease listings, those that state a price or rent per square foot. 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: 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 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
