Olmsted Falls, OH
Full City Profile · Ohio · Medina County County
3.8
/5.0
B+
Good
8,640
Population
2,118/sq mi density
$93,907
Median Income
$45,996 per capita
$214,800
Home Value
$291,722 Zillow
$1,142
Median Rent
26.9% income on rent
52°F
Avg Temperature
275 sunny days/yr
45
Violent Crime/100K
203 property/100K
B+
Overall
3.8 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.9 / 5.0
$93,907 median income, 2.1% unemployment
A+
Affordability
5.0 / 5.0
$214,800 home value, $1,142/mo rent
F
Safety
1.0 / 5.0
45 violent crimes/100K
A
Education
4.2 / 5.0
40.1% bachelor's degree or higher
Housing Overview
Median Home Value
$214,800
24% below
US avg: $281,900
Median Rent
$1,142/mo
2% below
US avg: $1,163/mo
Homeownership Rate
84.6%
29% above US avg (65.4%)
Total Housing Units
3,904
Median year built: 1981
Home Value by Source
Census Median
$214,800
Zillow (ZHVI)
$291,722
Median Sale Price
$273,000
Median List Price
$259,450
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
84.6%
Owner-Occupied
15.4%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$816/mo
1 Bedroom
$873/mo
2 Bedroom
$1,092/mo
3 Bedroom
$1,388/mo
4 Bedroom
$1,550/mo
Census median rent:
$1,142/mo
Market Indicators (Redfin)
Median Days on Market
6 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
4
Price Drops
31.3%
of listings with price reduction
Price Per Sq Ft
$162
Active Inventory
16
homes for sale
Affordability & Housing Stock
Rent Burden
26.9%
of renters spending 30%+ of income on housing
13% below US avg (31.0%)
Median Year Built
1981
Average age of housing stock: 45 years
Homeownership Rate
84.6%
Complete Housing Data
Home Values
| Census Median Value | $214,800 |
| Zillow Home Value (ZHVI) | $291,722 |
| Median Sale Price | $273,000 |
| Median List Price | $259,450 |
| Price Per Sq Ft | $162 |
Rent
| Census Median Rent | $1,142 |
| FMR Studio | $816 |
| FMR 1-Bedroom | $873 |
| FMR 2-Bedroom | $1,092 |
| FMR 3-Bedroom | $1,388 |
| FMR 4-Bedroom | $1,550 |
Market
| Days on Market | 6 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 31.3% |
| Homes Sold | 4 |
| Active Inventory | 16 |
| Price Per Sq Ft | $162 |
Ownership & Stock
| Owner-Occupied | 84.6% |
| Renter-Occupied | 15.4% |
| Homeownership Rate | 84.6% |
| Total Housing Units | 3,904 |
| Median Year Built | 1981 |
| Rent Burden | 26.9% |
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