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Featured local agent — Olmsted Falls, OH
Sarah Mitchell
Compass Real Estate · Olmsted Falls, OH
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Olmsted Falls, OH Housing Market & Real Estate
Housing market overview · Updated monthly ·
$249,000median sale price
How is the Olmsted Falls, OH housing market right now?
The median home sale price in Olmsted Falls, OH is $249,000, up 4.8% year-over-year. Homes sell in an average of 33 days with 18 active listings. The market is currently a strong 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 Olmsted Falls a buyer's or seller's market?
Olmsted Falls, OH is currently a strong seller's market, based on 1.4 months of supply and homes selling in about 33 days. How we determine this →
Homes sold
13
Last 12 weeks
Days on market
33
Average pace
Active listings
18
1.4 months supply
Sale-to-list
101.4%
Above asking
What does the Olmsted Falls housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $249,000 |
| Median list price | $329,900 |
| Year-over-year price change | +4.8% |
| Average days on market | 33 days |
| Active inventory | 18 listings |
| Months of supply | 1.4 months |
| Sale-to-list price ratio | 101.4% |
| Median price per sq ft | $165/sq ft |
| Homes sold (latest month) | 13 |
| New listings (latest month) | 19 |
| Listings with a price cut | 22.2% |
| Market condition | Strong seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Olmsted Falls by property type?
How the Olmsted 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 | $279,000 | $164/sq ft | 6 | 27 days |
| Condo / Co-op | $165,000 | $170/sq ft | 7 | 33 days |
| Townhouse | $306,000 | $187/sq ft | 1 | 4 days |
Source: Redfin · Updated monthly
The Olmsted Falls housing market is currently classified as a strong seller's market with a median sale price of $249,000. Prices have risen 4.8% compared to last year, with homes spending an average of 33 days on market, indicating 1.4 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 3.3x provides context for how home values compare to local earning capacity.
Homes for sale in Olmsted Falls
There are currently 18 homes listed for sale in Olmsted Falls, Ohio. The median listing price is $330K.
Active listings
18
Homes on market
Median list price
$330K
Avg. days on market
33
Days until sale
New this week
19
Newly listed
Who lives in Olmsted Falls?
Population
8,640
Median income
$93,907/yr
Median age
45.5 years
Owner-occupied
84.6%
College grads
40.1%
Avg commute
26.1 min
Source: U.S. Census Bureau ACS
What are homes worth in Olmsted Falls?
Zillow home value
$308,968
Zillow rent index
$1,832/mo
Price-to-rent ratio
14.1x
Price-to-income
3.3x
Source: Zillow Research
What is it like to live in Olmsted Falls?
Olmsted Falls is a community of approximately 9K residents with a median age of 45.5 years.The median household income is $93,907, which reflects a relatively affluent area with strong earning potential. 40.1% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 84.6%, reflecting strong community stability and long-term resident commitment. The average commute time is 26.1 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Olmsted Falls offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Olmsted Falls?
4 schools tracked · 3,226 students
The largest public schools serving Olmsted 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.
Olmsted Falls High School
Grades 9-12 · 1,218 students
Olmsted Falls Middle School
Grades 6-8 · 794 students
Falls-Lenox Primary Elementary School
Grades 1-3 · 730 students
Olmsted Falls Intermediate Building
Grades 4-5 · 484 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 Olmsted Falls, OH?
Want a head-to-head view? Compare Olmsted Falls side-by-side with any other U.S. city using our market-comparison tool.
Is Olmsted Falls a good real estate investment market?
For investors evaluating Olmsted Falls, the price-to-rent ratio of 14.1x suggests potential rental yield opportunity, making the market attractive for income-focused investors. The market has appreciated 4.8% year-over-year, reflecting ongoing demand and value growth.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Olmsted Falls's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Olmsted Falls's median home price.
Frequently asked questions
What is the average home price in Olmsted Falls?
The median home sale price in Olmsted Falls is $249,000, up 4.8% from last year.
How long do homes stay on market in Olmsted Falls?
Homes typically spend 33 days on market before going under contract.
What is the median income in Olmsted Falls?
The median household income is $93,907 per year.
Is Olmsted Falls a buyer's or seller's market?
With 1.4 months of supply, Olmsted Falls is currently a strong seller's market.
What is the Zillow home value estimate for Olmsted Falls?
The Zillow Home Value Index (ZHVI) for Olmsted Falls is $308,968, representing the typical home value in the area.
What is the median condo price in Olmsted Falls?
The median condo/co-op sale price in Olmsted Falls, OH is $165,000, compared to $279,000 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Olmsted Falls?
The median single-family home price in Olmsted Falls, OH is $279,000 (about $164 per square foot).
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