Is Cuyahoga Falls, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Cuyahoga Falls has remained a Seller's Market.
Key Takeaway
Cuyahoga Falls is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Cuyahoga Falls, OH
How much do homes in Cuyahoga Falls, OH cost?
Median Sold Price
$210,000
$141/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Cuyahoga Falls have sold for 10.5% more than they did a year ago.
Summary: The median home sold price in Cuyahoga Falls was $210,000 in April 2024, up 10.5% from last year, and the median price per square foot was $141.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $90K | $99.9K | +11.0% |
| 2 Bedrooms | $151K | $165K | +9.3% |
| 3 Bedrooms | $190K | $210.4K | +10.7% |
| 4 Bedrooms | $206K | $235K | +14.1% |
| 5+ Bedrooms | $461.4K | $281.9K | -38.9% |
Summary: Cuyahoga Falls housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 11%, 2 bedroom homes increased by 9.3%, 3 bedroom homes increased by 10.7%, 4 bedroom homes increased by 14.1%, and 5+ bedroom homes decreased by 38.9%.
Median Sold Price Compared To Nearby Cities
| Silver Lake | $302.5K | $358K | +18.3% |
| Cuyahoga Falls | $190K | $210K | +10.5% |
| Bath Township | $457K | $476.7K | +4.3% |
| Stow | $249.3K | $260K | +4.3% |
| Akron | $128K | $130K | +1.5% |
Housing Supply in Cuyahoga Falls, OH
How many homes are available in Cuyahoga Falls, OH?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 138 | 144 | +4.3% |
Summary: The Cuyahoga Falls real estate market had 144 homes for sale in April 2024, a 4.3% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 5 | 2 | -60.0% |
| 2 Bedrooms | 22 | 24 | +9.1% |
| 3 Bedrooms | 75 | 79 | +5.3% |
| 4 Bedrooms | 29 | 33 | +13.8% |
| 5+ Bedrooms | 7 | 6 | -14.3% |
Summary: The Cuyahoga Falls housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 60%, 2 bedroom homes increased by 9.1%, 3 bedroom homes increased by 5.3%, 4 bedroom homes increased by 13.8%, and 5+ bedroom homes decreased by 14.3%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 56 | 54 | -3.6% |
Asking Price vs. Sold Price
17 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
31 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Cuyahoga Falls, you could pay more than the asking price. 57.4% of homes here sold above asking price last month.
Summary: A total of 54 homes were sold or pending in Cuyahoga Falls in April 2024, down by 3.6% month-over-month. Of the 54 sold homes, 31% were sold under asking, 11% were sold at asking, and 57% 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
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 26 Days | 22 Days | -17.1% |
Summary: Homes in Cuyahoga Falls had an average of 22 days on market in Apr 2024, down by 17.1% compared to last year.
Breakdown of Home Sale Times
39 Homes Were Sold
Under 30 Days
12 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Cuyahoga Falls are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 54 homes were sold in Cuyahoga Falls; 72% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.
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