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Cinnamon Woods Great Northern (Downtown) Longbrooke (Long Brook) Sandstone Ridge (Sand Stone Ridge) Westbridge (West Bridge)

OLMSTED FALLS, OH 44138

Real Estate Market Report  ·  Cuyahoga County
Balanced Market
March 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 44138

Cinnamon Woods · Great Northern (Downtown) · Longbrooke (Long Brook) · Sandstone Ridge (Sand Stone Ridge) · Westbridge (West Bridge)

Market Analysis

Data as of March 2026. Source: Realtor.com.

The OLMSTED FALLS, OH real estate market (44138) currently shows 40 active listings, with 27 pending sales. Homes are averaging 24 days on the market before going under contract.

Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice.

Homes are selling faster, averaging 24 days on market compared to 33 days last year.

The median listing price has fallen 12% year-over-year, from $294,000 to $258,725.

Whether you are buying or selling in OLMSTED FALLS, OH, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 23,149  ·  Density: 647.4/mi²  ·  Median household income: $90,736

Typical home value: $220,620  ·  Homeownership: 76.3%

Market Overview

Active Listings
40
⇧ 5.3% vs 38 last year
Pending
27
68% pending ratio
Median Price
$258,725
⇩ 12% vs $294,000 last year
Average Price
$330,946
⇩ 2.7% vs $340,217 last year
Days on Market
24
⇩ 27.3% vs 33 days last year

Price Per Square Foot

Median $/sqft
$168
⇧ 5.7% vs $159/sqft last year
Median Home Size
1,484 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 40 this year vs 38 last year
  • Days on market: 24 now vs 33 last year

Median & Average Pricing

Year over Year
  • Median: $258,725 (-12% YoY)
  • Average: $330,946 (-2.7% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 10.8 miles — 791 listings ($299,901,291 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
44138Olmsted Falls, OH 441380.0 mi32$9,066,112$247,725$283,316
44017Berea, OH 440173.1 mi32$9,157,440$245,225$286,170
44039North Ridgeville, OH 440395.1 mi95$40,696,670$396,175$428,386
44149Strongsville, OH 441495.5 mi41$19,440,806$452,450$474,166
44126Cleveland, OH 441266.0 mi41$13,734,057$295,175$334,977
44130Cleveland, OH 441307.1 mi75$19,931,850$247,450$265,758
44136Strongsville, OH 441367.2 mi31$11,812,581$354,825$381,051
44140Bay Village, OH 441407.7 mi40$34,158,200$734,000$853,955
44280Valley City, OH 442809.4 mi6$4,327,290$614,950$721,215
44012Avon Lake, OH 440129.6 mi52$32,005,844$503,250$615,497
44107Lakewood, OH 441079.9 mi97$34,279,509$254,460$353,397
44212Brunswick, OH 4421210.2 mi93$34,394,748$352,450$369,836
44035Elyria, OH 4403510.8 mi156$36,896,184$234,900$236,514

Frequently Asked Questions

How many homes are for sale in OLMSTED FALLS, OH 44138?

As of March 2026, there are 40 active listings in OLMSTED FALLS, OH (zip code 44138), compared to 38 the prior year.

What is the median home price in OLMSTED FALLS, OH 44138?

The median listing price in OLMSTED FALLS, OH 44138 is $258,725 as of March 2026, a 12% decrease from $294,000 the prior year.

How long do homes stay on the market in OLMSTED FALLS, OH?

Homes in OLMSTED FALLS, OH 44138 spend an average of 24 days on the market before going under contract, compared to 33 days the prior year.

Is it a seller's or buyer's market in OLMSTED FALLS, OH 44138?

Based on current inventory and days-on-market data as of March 2026, OLMSTED FALLS, OH 44138 is currently a Balanced Market. Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice. Homes are selling faster, averaging 24 days on market compared to 33 days last year.

How much can I save on real estate commission in OLMSTED FALLS, OH?

With SELL123.com's maximum 3% commission, sellers in OLMSTED FALLS, OH 44138 save an estimated $5,175 compared to a typical 5% commission on the median listing price of $258,725. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.