Cuyahoga Falls, OH


Highest Appreciating Cuyahoga Falls Neighborhoods Since 2000

Cuyahoga Falls, OH Real Estate Data

Cuyahoga Falls Housing Market Information

With 49,146 people, 21,811 houses or apartments, and a median cost of homes of $152,078, Cuyahoga Falls real estate and house prices are near the national average for all cities and towns.

Single-family detached homes are the single most common housing type in Cuyahoga Falls, accounting for 64.14% of the city's housing units. Other types of housing that are prevalent in Cuyahoga Falls include large apartment complexes or high rise apartments ( 20.73%), duplexes, homes converted to apartments or other small apartment buildings ( 7.93%), and a few row houses and other attached homes ( 6.57%).

The most prevalent building size and type in Cuyahoga Falls are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 60.40% owning and 39.60% renting.

At the end of World War II, American soldiers returned home triumphant and, with the help of the GI Bill, built homes by the millions on the edges of America's cities. These homes were predominantly capes and ranches, modest in size, but built to house a growing middle-class as the 20th century became the American century. Cuyahoga Falls's housing was primarily built during this period, from the '40s through the '60s. A full 48.10% of the city's housing hails from this era. Other housing ages represented in Cuyahoga Falls include homes built between 1970-1999 ( 28.97%) and housing constructed before 1939 ( 16.66%). There's also some housing in Cuyahoga Falls built between 2000 and later ( 6.27%).

Cuyahoga Falls Home Appreciation Rates

Real estate appreciation rates in Cuyahoga Falls's have tracked to near the national average over the last then years, with the annual appreciation rate averaging -0.38% during the period.

Appreciation rates are so strong in Cuyahoga Falls that despite a nationwide downturn in the housing market, Cuyahoga Falls real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Cuyahoga Falls appreciation rates continue to be some of the highest in America, at 7.01%, which is higher than appreciation rates in 84.79% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Cuyahoga Falls. Cuyahoga Falls appreciation rates in the latest quarter were at 1.68%, which equates to an annual appreciation rate of 6.91%.

Relative to Ohio, our data show that Cuyahoga Falls's latest annual appreciation rate is higher than 90% of the other cities and towns in Ohio.

One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within Cuyahoga Falls differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Cuyahoga Falls - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Cuyahoga Falls real estate investment or home purchase decisions.

Average Home Values


Median Home Value:

Cuyahoga Falls, OH HOME PRICES

Value Range
> $1,132,000 0.0
$849,001 - $1,132,000 0.1
$566,001 - $849,000 0.1
$453,001 - $566,000 1.2
$340,001 - $453,000 2.3
$226,001 - $340,000 10.2
$113,001 - $226,000 56.5
$57,001 - $113,000 24.6
$0 - $57,000 4.9

High for OH
Average for Nation

Value Relative to Nation Value Relative to State
49.8682438367395 39.3700787401575

Number Of Homes And Apartments:

Rent & Ownership


Average Market Rent:
$949 / per month

Homeownership Rate

Owners 60.40
Renters 39.60
Vacant 6.59

Housing Market Details


Age of Homes

AGE OF Cuyahoga Falls HOMES
2000 or Newer 6.3
1970 - 1999 29.0
1940 - 1969 48.1
1939 or Older 16.7

Types of Homes

TYPE OF Cuyahoga Falls HOMES
Single-Family 64.1
Townhomes 6.6
Small Apt. Buildings 7.9
Apt. Complexes 20.7
Mobile Homes 0.6
Other 0.0

Home Size

SIZE OF Cuyahoga Falls HOMES
No Bedroom 2.55
1 Bedroom 13.51
2 Bedrooms 28.59
3 Bedrooms 40.60
4 Bedrooms 13.03
5 or more bedrooms 1.72

Cuyahoga Falls Appreciation Rates

Time Period Total Appreciation Avg. Annual Rate Compared To
Compared To
Latest Quarter:
2016 Q2 - 2016 Q3
Last 12 Months:
2015 Q4 - 2016 Q3
Last 2 Years:
2014 Q4 - 2016 Q3
Last 5 Years:
2011 Q4 - 2016 Q3
Last 10 Years:
2006 Q4 - 2016 Q3
Since 2000:
2000 Q1 - 2016 Q3
5.69% 0.33% 3 1
* 10 is highest