Commercial Real Estate Market in Tallmadge, OH
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
28 active listings and 597 off-market properties in Tallmadge, OH. Commercial property asks $38/SF to buy and $8.00/SF/Yr to lease.
Market Trends
Tallmadge, OH spans 14.6 square miles in Summit County, Ohio. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Tallmadge, 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 Tallmadge, OH runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Tallmadge, 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 Tallmadge, 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 85.3%
- Industrial 10.6%
- Commercial 4.2%
Largest Zones share of zoned land by district
Residential
Residential
Residential
Industrial
Residential
Tallmadge, OH zones 8,361 acres across 10 districts. Commercial zoning covers 4.2% of zoned land, residential 85.3% and industrial 10.6%. The largest single district is Residential at 31.9%. For commercial buyers the practical constraint is that only 14.7% of land carries a commercial or industrial designation.
Market overview
Demographics & Economy
Tallmadge, OH has 18,671 residents in 7,800 households. Density runs 1,281 people per square mile. Median household income here is $91,670 and median gross rent $1,030 a month.
18,671
Population
7,800
Households
2.4
Avg Household Size
46
Median Age
34%
College-Educated
94%
High-School Grad
14.6 sq mi
ZIP Area
1,281
Density / Sq Mi
$91,670
Median Household Income
$46,538
Median Earnings
$1,030
Median Rent
$225,300
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Munroe Falls | — | $25.49 |
| Cuyahoga Falls | — | $12.12 |
| Stow | — | $11.75 |
| Mogadore | — | — |
Commercial property in Tallmadge, OH asks $38/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Tallmadge?
Commercial property in Tallmadge, OH asks an average of $38 per square foot. The 4 most recent recorded sales traded at a median of $55/SF. Multifamily carries the highest asking price at $100/SF.
How much does it cost to lease commercial space in Tallmadge?
Asking lease rates in Tallmadge, OH average $8.00 per square foot per year.
What zoning applies to commercial property in Tallmadge?
Tallmadge, OH zones 8,361 acres across 10 districts, of which 4.2% is commercial and 10.6% industrial. The largest single district is Residential at 31.9% of zoned land. Residential zoning covers 85.3% and open space 0%.
Where does Realmo's Tallmadge market data come from?
Realmo compiles Tallmadge, OH figures from 6 recent recorded sales, 19 active sale listings, 9 active lease listings, 597 tracked off-market properties, the current Tallmadge zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 19 active for-sale and 9 active for-lease listings in Tallmadge, 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: 8,361 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 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
