Munroe Falls, OH—44262
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Munroe Falls, OH
As of Oct '25, the median home price in Munroe Falls, OH is $269,000, with a year-over-year change of 4.5%. This indicates that home prices in Munroe Falls, OH are increasing. According to Zillow, the 1-year price projection is 1.6%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $269,000 | 4.5% |
| Single Family | $277,000 | 4.9% |
| Condos | $239,000 | 4.8% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $212,000 | 5.0% |
3 Bed | $251,000 | 4.6% |
4 Bed | $339,000 | 5.3% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Munroe Falls, OH
As of July '25, Rentcast reports the average rent in Munroe Falls, OH is $955, with a year-over-year rent change of -52.2%. Per bedroom, the median rent as of July '25 in Munroe Falls, OH is 1-bedrooms: $925, 2-bedrooms: $985. The most common rental property sizes in Munroe Falls, OH are 1-bedroom and studio, accounting for 35.8% and 25.3% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $925 | $955 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $925 | $925 |
| 2 Bed Rent | $985 | $985 |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Munroe Falls, OH
As of Oct '25, Realtor.com reports that the median days on market for a home in Munroe Falls, OH is 28. This is a decrease of -1.0% from last year, suggesting that homes are sitting on the market about the same amount of time than last year. The percentage of listed homes with a reduced price is 33.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $252,000 | -14.0% |
Listing Count | 12 | 17.0% |
| Listings as % of Homes | 0.5% | 17.0% |
Days on Market | 28 | -1.0% |
Demographics — Munroe Falls, OH
As of the latest ACS Survey released in 2023, Munroe Falls, OH has a population of 5,020, which has remained stable by -0.6% over the past 5 years. Munroe Falls, OH is a moderately popular place for families, as children make up 19.2% of the population. The area has a moderately educated workforce, with 38.1% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 5,020 | -0.6% |
% Under 18 | 19.2% | 15.0% |
% Seniors | 29.6% | 23.3% |
% WFH | 9.8% | 180.0% |
% w/ College Degree | 38.1% | -2.3% |
As of the latest ACS Survey released in 2023, Munroe Falls, OH is a predominantly white area, with 89.6% of the population identifying as white. The white population has shrunk by 5.8% in the last 5 years. The second most common race or ethnicity in Munroe Falls, OH is hispanic, making up 2.6% of the population. Foreign-born residents account for 4.1% of the population in Munroe Falls, OH, and this percentage has decreased by 37.9% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 89.6% | -5.8% |
% Black | 2.3% | 1,050.0% |
% Hispanic | 2.6% | ∞% |
% Asian | 2.2% | -51.1% |
% Foreign Born | 4.1% | -37.9% |
Mortgage and Risk — Munroe Falls, OH
According to HUD data as of 2023, there were 159 mortgage originations in Munroe Falls, OH, of which 89.0% of loans were conventional mortgages. The average loan-to-value was 58.0%, with 19.0% above 90% LTV (elevated). This implies medium mortgage risk in Munroe Falls, OH. Investor activity is low, as 1.0% of loans were by investors. 18.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 159 |
% Conventional Loans | 89.0% |
% Government Loans | 11.0% |
% Investor Loans | 1.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 18.0% |
Loan Activity
Rentals and Section 8 — Munroe Falls, OH
Munroe Falls, OH lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 2 |
Total Units Section 8 | 2 |
% Rentals under Section 8 | 0.5% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$185 | $925 | $740 |
| 2 Bedroom | -$45 | $985 | $940 |
| 3 Bedroom | N/A | N/A | $1,180 |
| 4 Bedroom | N/A | N/A | $1,260 |
Affordability — Munroe Falls, OH
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.2 |
| Median Home Price | $269,000 |
| Median Household Income | $75,100 |