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Featured local agent — Munroe Falls, OH
Sarah Mitchell
Compass Real Estate · Munroe Falls, OH
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Munroe Falls, OH Housing Market & Real Estate
Housing market overview · Updated monthly ·
$300,000median sale price
How is the Munroe Falls, OH housing market right now?
The median home sale price in Munroe Falls, OH is $300,000, down 25.4% year-over-year. Homes sell in an average of 39 days with 4 active listings. The market is currently a seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Munroe Falls a buyer's or seller's market?
Munroe Falls, OH is currently a seller's market, based on 0.7 months of supply and homes selling in about 39 days. How we determine this →
Homes sold
6
Last 12 weeks
Days on market
39
Average pace
Active listings
4
0.7 months supply
Sale-to-list
97.7%
Below asking
What does the Munroe Falls housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $300,000 |
| Median list price | $224,450 |
| Year-over-year price change | -25.4% |
| Average days on market | 39 days |
| Active inventory | 4 listings |
| Months of supply | 0.7 months |
| Sale-to-list price ratio | 97.7% |
| Median price per sq ft | $185/sq ft |
| Homes sold (latest month) | 6 |
| New listings (latest month) | 6 |
| Listings with a price cut | 100.0% |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Munroe Falls by property type?
How the Munroe Falls, OH market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $300,000 | $185/sq ft | 6 | 39 days |
| Condo / Co-op | $277,000 | $155/sq ft | 1 | 3 days |
Source: Redfin · Updated monthly
The Munroe Falls housing market is currently classified as a seller's market with a median sale price of $300,000. Prices have fallen 25.4% compared to last year, with homes spending an average of 39 days on market, indicating 0.7 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 3.8x provides context for how home values compare to local earning capacity.
Homes for sale in Munroe Falls
There are currently 4 homes listed for sale in Munroe Falls, Ohio. The median listing price is $224K.
Active listings
4
Homes on market
Median list price
$224K
Avg. days on market
39
Days until sale
New this week
6
Newly listed
Who lives in Munroe Falls?
Population
5,019
Median income
$75,089/yr
Median age
48.6 years
Owner-occupied
80.1%
College grads
38.1%
Avg commute
24 min
Source: U.S. Census Bureau ACS
What are homes worth in Munroe Falls?
Zillow home value
$284,085
Price-to-income
3.8x
Source: Zillow Research
What is it like to live in Munroe Falls?
Munroe Falls is a community of approximately 5K residents with a median age of 48.6 years.The median household income is $75,089, which reflects a relatively affluent area with strong earning potential. 38.1% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 80.1%, reflecting strong community stability and long-term resident commitment. The average commute time is 24 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Munroe Falls offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Munroe Falls?
2 schools tracked · 1,099 students
The largest public schools serving Munroe Falls, OH by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Kimpton Middle School
Grades 7-8 · 809 students
Riverview Elementary School
Grades K-4 · 290 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Munroe Falls, OH?
Want a head-to-head view? Compare Munroe Falls side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Munroe Falls?
The median home sale price in Munroe Falls is $300,000, down 25.4% from last year.
How long do homes stay on market in Munroe Falls?
Homes typically spend 39 days on market before going under contract.
What is the median income in Munroe Falls?
The median household income is $75,089 per year.
Is Munroe Falls a buyer's or seller's market?
With 0.7 months of supply, Munroe Falls is currently a seller's market.
What is the Zillow home value estimate for Munroe Falls?
The Zillow Home Value Index (ZHVI) for Munroe Falls is $284,085, representing the typical home value in the area.
What is the median condo price in Munroe Falls?
The median condo/co-op sale price in Munroe Falls, OH is $277,000, compared to $300,000 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Munroe Falls?
The median single-family home price in Munroe Falls, OH is $300,000 (about $185 per square foot).
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