Photo: Nyttend · Public domain167 homes sold in Olmsted Falls in the last year, at a typical $251K
Houses and condos split the market almost evenly. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Olmsted Falls homes are listed.
Every place Olmsted Falls homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to Olmsted Falls.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
38% of Olmsted Falls’ sales are condos, at $117K less than a house
93 houses and 60 condos sold in the year to May 2026. Houses sell faster and draw more bidding wars.
typical sale · 93 sold in the year to May 2026
- Per square foot
- $171OH $165
- Days to sell
- 24
- Sold over asking
- 49%
- Listings with a price cut
- 38%
typical sale · 60 sold in the year to May 2026
- Per square foot
- $145OH $172
- Days to sell
- 34
- Sold over asking
- 40%
- Listings with a price cut
- 33%
Multi-family (2–4 units): 1 sold, typical $285K
Townhouses: 6 sold, typical $309K
Too few sales in 12 months for reliable figures.
About as many homes sell as usual, at twice the 2016 price
167 sales in the last year, against 246 in 2020 and a low of 135 in 2012. The typical sale went from $127K in 2016 to $251K.
Source: Redfin Data Center, MLS sales; from June 2026 each month is a 3-month rolling window, its counts divided by 3. Typical price and $/sq ft are the monthly medians, weighted by sales. Redfin stopped publishing towns’ figures by property type after May 2026, so houses and condos are shown for the year to then.
What $250K buys in Olmsted Falls
Check a listing against what Olmsted Falls homes sold for
Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.
Bidding wars in Olmsted Falls are more common than before the pandemic, but 45% fewer homes come up for sale
We read every month of Olmsted Falls’ home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to September 2026, 167 sales.
If you’re buying in Olmsted Falls
- Shop in March. It brings about 19 new listings a month, close to the busiest month, with fewer bidding wars (26% over asking).
- Bid near asking. Buyers paid 100.3% of the list price on average; 46% paid over.
- Move fast on good ones. 57% of homes are under contract within two weeks.
Summer brings both the most homes and the most bidding wars
July has the most new listings (about 22 a month), but June is the most competitive: 37% of June sales close over asking. March offers nearly as much choice with fewer homes bid up (26%). February has the least competition (15%) but only about 11 new listings.
Averages for each calendar month, 2015 on.
Nearly as heated as 2021, and hotter than Ohio
| Olmsted Falls now | 2017–19 | 2021 peak | OH now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 46% | 17% | 52% | 28% |
| Gone within two weeksShare of homes under contract within 14 days | 57% | 41% | 65% | 45% |
| Price paid vs. askingAverage sale price ÷ list price | 100.3% | 96.8% | 101.4% | 98.3% |
| Days to sellMedian days from listing to contract | 31 | 47 | 20 | 45 |
19 homes for sale on a typical day
That’s 1.4 times the 2022 low (13), 45% fewer than in 2017–19 and well under 2012’s 95.
Since 2019, houses are up 52%, condos 63%
A house typically sold for $289K in the year to May 2026 (93 sales), a condo for $172K (60).
Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.
Olmsted Falls ranks 19th of 310 busy Ohio markets for bidding wars
Share of sales over asking in the last year, among towns with 60 or more sales. Olmsted Falls is one of the state’s hottest markets.
Source: Redfin Data Center, city figures, January 2012 to September 2026 (MLS sales, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). Ratios are weighted by homes sold; price cuts by homes for sale.
Owning the typical Olmsted Falls home costs about $1,760 a month
Price: Olmsted Falls’ typical sale, last 12 months. Property tax at Olmsted Falls’ 2.2% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Olmsted Falls is affordable on local pay is on Cost of living.
Six things worth knowing
New listings in July
The month with the most choice. December has the fewest, about 8.
Best time to buyProperty tax, a year
Of a home’s value: the median bill over the median home value. On a $251K home, about $5,410 a year.
Taxes vs. neighborsSchools
The schools grade for Olmsted Falls, from test results, graduation and how much students grow.
Schools in Olmsted FallsTypical commute
The average one-way trip to work for people who live in Olmsted Falls.
Work & commuteCheck the flood map
Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.
Natural hazardsLook up any property
Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.
No busy market nearby sells for less a square foot
The busier markets within 25 miles of Olmsted Falls, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.
| Sold | Typical sale | $/sq ft | Over asking | Days to sell | |
|---|---|---|---|---|---|
| Strongsville | 539 | $358K | $180 | 41% | 19 |
| North Olmsted | 451 | $283K | $175 | 44% | 14 |
| Fairview Park | 242 | $295K | $202 | 47% | 12 |
| Berea | 210 | $254K | $170 | 46% | 17 |
| Middleburg Heights | 188 | $286K | $176 | 49% | 13 |
| Brook Park | 177 | $235K | $195 | 54% | 13 |
| Olmsted Falls | 167 | $251K | $164 | 46% | 31 |
Redfin Data Center, October 2025 to September 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.
Post your home to Olmsted Falls, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Olmsted Falls. People who follow the town see it, and so do people comparing Olmsted Falls with their own town. No commission, no listing fee.
Questions about buying a home in Olmsted Falls
What do homes sell for in Olmsted Falls, OH?
167 homes sold in the year to September 2026 at a typical $251K, $164 a square foot. Houses sold for about $289K, condos for about $172K in the year to May 2026.
Is Olmsted Falls a buyer’s or seller’s market?
A seller’s market: 18 homes were for sale in September 2026 and 17 sold, about 1 months of supply. Buyers paid 100.3% of asking on average.
When is the best time to buy in Olmsted Falls?
July brings the most new listings. The sales history shows which months have fewer bidding wars.
How much are property taxes in Olmsted Falls?
About 2.2% of a home’s value a year. On a $251K home that’s near $5,410.
Where can I see homes for sale in Olmsted Falls?
Zillow, Redfin, Realtor.com and Homes.com all carry Olmsted Falls’ MLS listings; the search links above open each one filtered to Olmsted Falls.
Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).