Commercial Real Estate Market in Silver Lake, OH
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
Market Trends
Silver Lake, OH spans 20.4 square miles in Summit County, Ohio. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Silver Lake, 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 Silver Lake, OH runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Silver Lake, 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 Silver Lake, 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
Market overview
Demographics & Economy
Silver Lake, OH has 38,709 residents in 16,826 households. Density runs 1,897 people per square mile. Median household income here is $91,096 and median gross rent $1,190 a month.
38,709
Population
16,826
Households
2.3
Avg Household Size
42
Median Age
49%
College-Educated
96%
High-School Grad
20.4 sq mi
ZIP Area
1,897
Density / Sq Mi
$91,096
Median Household Income
$48,624
Median Earnings
$1,190
Median Rent
$243,500
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Stow | — | $11.75 |
| Munroe Falls | — | $25.49 |
| Cuyahoga Falls | — | $12.12 |
| Hudson | — | — |
Methodology & data sources
- 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
