Is Munroe Falls, OH 44262 a buyer’s or seller’s market?
Munroe Falls is a seller’s market. With about 0.5 months of supply and 58% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
More competitive than 98% of U.S. ZIP codes, and #2 of 489 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Munroe Falls housing market right now
In the three months ending August 31, 2026, 58% of homes in Munroe Falls, OH 44262 sold above their list price, the typical home went under contract in 10 days and there were 0.5 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 20 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 40%, homes sold faster (21 days then) and the median sale price fell 5% to $257,888. Overall, Munroe Falls is more competitive than a year ago, so tougher for buyers.
Within Summit County, homes here sell faster than in 93% of the county’s ZIP codes, and sell more often over asking than in any other ZIP code in the county. On our competition score, Munroe Falls ranks #2 of 489 OH ZIP codes with enough sales (score 95 out of 100).
Nearby, buyers who want less competition could look at Akron 44311 (12% sold over asking) or Akron 44304 (17% sold over asking).
Run the numbers for 44262
Nearby markets
Akron 44301Seller’s market $105 /sq ftAkron 44302Seller’s market $79 /sq ftAkron 44303Seller’s market $136 /sq ftAkron 44304Buyer’s market $80 /sq ft Browse all markets →Towns like Munroe Falls nearby
Find towns like Munroe Falls in other states →Where Munroe Falls is
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Questions about Munroe Falls real estate
Is Munroe Falls a buyer’s or seller’s market?
A seller’s market: there were 0.5 months of supply in Munroe Falls, OH 44262 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Munroe Falls?
The typical home went under contract in 10 days in the latest three months.
Do homes in Munroe Falls sell over asking?
58% of homes sold above their original list price, and the typical sale closed at 101.9% of the list price.
What are property taxes in Munroe Falls?
About 1.53% of a home’s value a year in Summit County, or roughly $6,120 on a $400,000 home.
What is the median home price in Munroe Falls?
The median sale price was $257,888 in the three months ending August 31, 2026, about $158 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology