Olmsted Falls Housing Market Report April 2025Cuyahoga County, Ohio

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Housing Prices in Olmsted Falls, OH

How much do homes in Olmsted Falls, OH cost?

Housing Market Conditions

Is Olmsted Falls, OH a buyer’s or seller’s market?

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

Olmsted Falls is a Seller's Market

Difference Since April 2024

Since last year, Olmsted Falls has remained a Seller's Market.

Insight

Olmsted Falls is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Median Sold Price

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$271,000$144/SqFt
+$26,000
+10.6%

Based on all homes sold in the last 12 months

Insight

Homes in Olmsted Falls have sold for 10.6% more than they did a year ago.

Summary: The median home sold price in Olmsted Falls was $271,000 in April 2025, up 10.6% from last year, and the median price per square foot was $144.

Median Sold Price By Cities

Median Sold Price By Cities
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
Olmsted Township
+12.9%
Olmsted Falls
+10.6%
Berea
+5.5%
Columbia Station
-2.3%

Median Sold Price By Bedrooms

Median Sold Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsApr 2024Apr 2025Change YoY
1$138.2K$153.9K
+11.3%
2$208.5K$220K
+5.5%
3$235K$265K
+12.8%
4$343.7K$365K
+6.2%
5$614.9K$553.3K
-10.0%

Summary: Olmsted Falls housing price by bedroom type for April 2025, compared to the previous year. The home price for 1 bedroom homes increased by +11.3%. The home price for 2 bedroom homes increased by +5.5%. The home price for 3 bedroom homes increased by +12.8%. The home price for 4 bedroom homes increased by +6.2%. The home price for 5 bedroom homes decreased by -10.0%.

How does Olmsted Falls, OH compare with other places?

Market comparison tool

Data and numbers shown are subject to change and may vary based on different timeframes.

Olmsted Falls, OH

Housing supply in Olmsted Falls, OH

How many homes are available in Olmsted Falls, OH?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
32Last MonthApr 2025
282 months agoMar 2025
+14.3 %
Change MoMMar – Apr

Summary: The Olmsted Falls real estate market had 32 homes for sale in Apr 2025, a 14.3 % increase compared to Mar 2025.

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
10Last MonthApr 2025
82 months agoMar 2025
+25.0 %
Change MoMMar – Apr

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsMar 2025Apr 2025Change MoM
100
0.0%
31820
+11.1%
443
-25.0%
269
+50.0%
500
0.0%

Summary: Olmsted Falls housing inventory by bedroom type for April 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 3 bedroom homes increased by +11.1%. The inventory for 4 bedroom homes decreased by -25.0%. The inventory for 2 bedroom homes increased by +50.0%. The inventory for 5 bedroom homes remained the same.

Asking Price vs. Sold Price

How much do homes in Olmsted Falls, OH cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price7 Homes

At Asking Price2 Homes

Under Asking Price1 Home

Insight

If you're buying a home in Olmsted Falls, you could pay more than the asking price. 70% of homes here sold above asking price last month.

Summary: A total of 10 homes were sold or pending in Olmsted Falls in April 2025, up by 25.0% month-over-month. Of the 10 sold homes, 10% were sold under asking, 20% were sold at asking, and and 70% were sold over asking.

Days on Market for Olmsted Falls, OH

How long does it take to sell a home in Olmsted Falls, OH?

Breakdown of Home Sale Times

Under 30 Days7 Homes

30 – 90 Days3 Homes

Over 90 Days0 Home

Insight

Many homes in Olmsted Falls are selling fast, if you're buying plan to act quickly.

Summary: During April 2025, 10 homes were sold in Olmsted Falls; 70% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
This Year1 year agoChange YoY
21 DaysThis YearApr 2025
28 Days1 year agoApr 2024
-24.4 %
Change YoYApr 2024 – Apr 2025

Summary: Homes in Olmsted Falls had an average listing age of 21 days in Apr 2025, down by 24.4% compared to the previous year.

Newest Listings in Olmsted Falls, OH

What homes are available in Olmsted Falls, OH?

MLS Disclaimers and Copyright

Based on information from MLS Now, for the period 05/01/2023 - 05/01/2025

IDXCopyright 2025 MLS Now. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Buyer to verify all information. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). The photos may be altered, edited, enhanced or virtually staged.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/2/2025, 9:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.