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Advertise here →Munroe Falls, OH · Market Data
Munroe Falls, Ohio real estate market data.
Real estate market data for Munroe Falls, OH (Summit County) — Census median home value $223,800, county listing prices down about 2.4% over the past year.
Munroe Falls, OH is in Summit County, Ohio — covering the whole local market here: resale homes, condos, land, and new construction. The most recent Census estimate puts the population at 5,019, with a median household income of $75,089. Census data puts Munroe Falls's median home value at $223,800 (all owner-occupied homes); Summit County's current median listing price runs $232,475, down about 2.4% over the past year.
At a glance
Munroe Falls market snapshot
Population
5,019
Median Household Income
$75,089
Median Home Value (city)
$223,800
Median Listing Price (Summit County)
$232,475
Median Gross Rent
$-666,666,666/mo
Price Trend (YoY)
-2.4%
Market data compiled from public sources; deemed reliable but not guaranteed; verify independently. Full source list ↗
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What makes Munroe Falls different
Home Value, By Source
The Census Bureau's American Community Survey (2023 5-year estimate) puts Munroe Falls's median home value — across all owner-occupied homes, not just recent sales — at $223,800. Separately, Summit County's current median listing price (via Realtor.com data, 2026-06-01) runs $232,475. These cover different geography (city vs. county) and different measures (assessed value vs. active listings), which is why we show both rather than picking one — full source list on our data sources page.
County Price Trend
Summit County's FHFA house price index shows a 3.87% annual change in 2025.
Population & Income
Munroe Falls has an estimated population of 5,019 and a median household income of $75,089, per the Census Bureau's American Community Survey (2023 5-year estimate).
Affordability Snapshot
Munroe Falls's Census-reported median home value works out to about 3.0x the area's median household income, and median gross rent runs roughly -10654024% of that same income on an annualized basis. Housing economists commonly flag a price-to-income ratio above 4x as historically elevated -- useful context, not a personal affordability verdict.
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Common questions
Munroe Falls FAQ
What are home values like in Munroe Falls, OH?
The Census Bureau's American Community Survey puts Munroe Falls's median home value at $223,800. Summit County's current median listing price runs $232,475, down about 2.4% over the past year.
What is the population of Munroe Falls, OH?
The U.S. Census Bureau's American Community Survey (2023 5-year estimate) puts Munroe Falls's population at approximately 5,019.
What's the median rent in Munroe Falls, OH?
The Census ACS estimates median gross rent in Munroe Falls at approximately $-666,666,666 per month.
What is the median household income in Munroe Falls, OH?
Census ACS data puts the median household income in Munroe Falls at approximately $75,089.
Is the Munroe Falls housing market growing?
Summit County's FHFA house price index shows a 3.87% annual change in 2025.
Is Munroe Falls, OH affordable relative to income?
Census ACS data puts Munroe Falls's median home value at about 3.0 times the median household income, with median gross rent equal to roughly -10654024% of that income annually. This is a general benchmark, not a personal pre-qualification -- your own income, debt, and down payment determine what you can actually afford.
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