Zip 44138 (Olmsted Falls, OH) Housing

Housing in 44138 Olmsted Falls, OH is a great option for homebuyers looking for an affordable option. The median value is $244,700, significantly lower than the US average of $338,100. Additionally, the one year house appreciation rate in the area is 8.35%, slightly higher than the national average of 8.27%. With such an attractive price point and steady price increases over time, Olmsted Falls offers potential homebuyers a great opportunity to invest in local real estate.

The median home cost in Olmsted Falls (zip 44138) is $244,700. Home appreciation the last 10 years has been 79.6%. Home Appreciation in Olmsted Falls (zip 44138) is up 12.6%.

Average Age of Homes

- The median age of Olmsted Falls (zip 44138) real estate is 32 years old

The Rental Market in Olmsted Falls (zip 44138)

- Renters make up 20.2% of the Olmsted Falls (zip 44138) population
- 0.2% of houses and apartments in Olmsted Falls (zip 44138), are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Olmsted Falls, Ohio	United States
	9,883.0	139,647,020.0
	34	42
	$244,700	$338,100
	12.6%	16.6%
	53.2%	57.0%
	79.6%	101.1%
	$25.68	$10.98
	$4,681	$2,690
	75.2%	57.4%
	4.1%	11.2%
	20.7%	31.4%
Vacant Housing
	0.2%	1.9%
	0.1%	0.4%
	0.0%	0.7%
	0.6%	0.4%
	0.6%	3.6%
	2.5%	4.1%
Value of Owner-Occupied Housing
	3.9%	2.6%
	3.1%	2.4%
	2.7%	2.8%
	5.9%	3.9%
	4.5%	4.5%
	14.7%	11.3%
	19.7%	13.0%
	30.1%	20.1%
	11.1%	13.6%
	1.4%	8.3%
	0.2%	9.7%
	2.1%	3.9%
	0.0%	2.2%
	0.5%	0.8%
	0.1%	1.1%
Housing Units by Year Structure Built
	0.4%	0.2%
	19.1%	13.6%
	19.1%	13.6%
	20.3%	13.6%
	13.3%	13.2%
	13.2%	14.8%
	20.3%	13.6%
	8.1%	10.0%
	4.3%	4.7%
	7.5%	12.2%

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