Is Cuyahoga Falls, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2023
Since last year, Cuyahoga Falls has remained a Seller's Market.
Housing Prices in Cuyahoga Falls, OH
How much do homes in Cuyahoga Falls, OH cost?
Median Sold Price
$205,633
$138/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in Cuyahoga Falls was $205,633 in February 2024, up 11.1% from last year, and the median price per square foot was $138.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $84.1K | $91K | +8.2% |
2 Bedrooms | $147K | $165K | +12.2% |
3 Bedrooms | $190K | $205.9K | +8.4% |
4 Bedrooms | $205.7K | $231K | +12.3% |
5+ Bedrooms | $449.9K | $273.4K | -39.2% |
Summary: Cuyahoga Falls housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes increased by 8.2%, 2 bedroom homes increased by 12.2%, 3 bedroom homes increased by 8.4%, 4 bedroom homes increased by 12.3%, and 5+ bedroom homes decreased by 39.2%.
Median Sold Price Compared To Nearby Cities
Cuyahoga Falls | $185.1K | $205.6K | +11.1% |
Stow | $242K | $260K | +7.4% |
Akron | $127.4K | $128.9K | +1.2% |
Bath Township | $472.5K | $450K | -4.8% |
Housing Supply in Cuyahoga Falls, OH
How many homes are available in Cuyahoga Falls, OH?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
124 | 125 | +0.8% |
Summary: The Cuyahoga Falls real estate market had 125 homes for sale in February 2024, a 0.8% increase compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 4 | 4 | 0.0% |
2 Bedrooms | 21 | 27 | +28.6% |
3 Bedrooms | 69 | 59 | -14.5% |
4 Bedrooms | 28 | 31 | +10.7% |
5+ Bedrooms | 2 | 4 | +100.0% |
Summary: The Cuyahoga Falls housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 28.6%, 3 bedroom homes decreased by 14.5%, 4 bedroom homes increased by 10.7%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
47 | 39 | -17.0% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
17 Homes Were Sold
Over Asking
Summary: A total of 39 homes were sold or pending in Cuyahoga Falls in February 2024, down by 17.0% month-over-month. Of the 38 sold homes, 34% were sold under asking, 21% were sold at asking, and 45% were sold over asking.
Days on Market for Cuyahoga Falls, OH
How long does it take to sell a home in Cuyahoga Falls, OH?
Average Sale Time
Feb 2023 | Feb 2024 | CHANGE |
---|---|---|
42 Days | 36 Days | -13.0% |
Summary: Homes in Cuyahoga Falls had an average of 36 days on market in Feb 2024, down by 13% compared to last year.
Breakdown of Home Sale Times
20 Homes Were Sold
Under 30 Days
15 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During February 2024, 39 homes were sold in Cuyahoga Falls; 51% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.