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2024 Compare Cities Housing:
Olmsted Falls, OH vs Independence, OH

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Highlights
- The median age of a home in Olmsted Falls is 45.2% younger than the median age of a home in Independence.

Housing
 Olmsted Falls, OHIndependence, OHUnited States
 Median Home Age426142
 Median Home Cost$232,700$294,600$338,100
 Home Appr. Last 12 months12.6%12.6%16.6%
 Home Appr. Last 5 yrs.53.2%53.2%57.0%
 Home Appr. Last 10 yrs.79.6%79.6%101.1%
 Property Tax Rate$25.9$23.3$11.0
 Homes Owned81.4%88.1%57.4%
 Housing Vacant5.8%6.6%11.2%
 Homes Rented12.8%5.3%31.4%
 space
 Avg Rent For Home Or Apartment
 Olmsted Falls, OHIndependence, OHUnited States
 Average Rent$1,510$1,800$1,840
 Studio Apartment$850$1,020$1,080
 1 Bedroom Home or Apartment$970$1,160$1,180
 2 Bedroom Home or Apartment$1,180$1,410$1,430
 3 Bedroom Home or Apartment$1,530$1,830$1,860
 4 Bedroom Home or Apartment$1,620$1,930$2,160
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 Vacant Housing
 Olmsted Falls, OHIndependence, OHUnited States
 Vacant For Rent0.0%0.0%1.9%
 Vacant Rented0.3%0.0%0.4%
 Vacant For Sale0.0%0.4%0.7%
 Vacant Sold0.0%0.0%0.4%
 Vacant Vacation1.4%2.3%3.6%
 Vacant Other4.0%3.9%4.1%
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 Owner-Occupied Housing Value
 Olmsted Falls, OHIndependence, OHUnited States
 Less Than $20,0000.0%0.5%2.6%
 $20,000 to $39,9991.0%0.8%2.4%
 $40,000 to $59,9991.3%0.0%2.8%
 $60,000 to $79,9996.4%0.6%3.9%
 $80,000 to $99,9999.1%2.3%4.5%
 $100,000 to $149,99917.9%4.5%11.3%
 $150,000 to $199,99928.7%19.0%13.0%
 $200,000 to $299,99923.0%34.3%20.1%
 $300,000 to $399,9996.8%12.4%13.6%
 $400,000 to $499,9990.6%9.7%8.3%
 $500,000 to $749,9990.2%11.3%9.7%
 $750,000 to $999,9994.9%2.3%3.9%
 $1,000,000 to $1,499,9990.0%0.6%2.2%
 $1,500,000 to $1,999,9990.0%0.0%0.8%
 $2,000,000 and over0.0%1.6%1.1%
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 Housing Units By Year Built
 Olmsted Falls, OHIndependence, OHUnited States
 2015 and Newer0.6%0.0%0.2%
 2010 to 201415.1%5.4%13.6%
 2000 to 200915.1%5.4%13.6%
 1990 to 199918.8%14.5%13.6%
 1980 to 198912.4%8.8%13.2%
 1970 to 197917.8%7.8%14.8%
 1960 to 196918.8%14.5%13.6%
 1950 to 195911.9%35.1%10.0%
 1940 to 19491.7%3.7%4.7%
 1939 or Earlier10.7%12.6%12.2%

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Reviews for Olmsted Falls    1 Reviews

The sun does not shine here very often. In the last 8weeks, I do not believe we have seen the sun more than 6 times. I find it  More

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Reviews for Independence    1 Reviews

Over 3 years ago

Zero diversity. Unfriendly towards those who haven’t spent generations in the community. Schools have declined and teen suicide rates are on the rise. We were once proud  More

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