The federal watchdog agency said objects vacuumed by the device can tear through the plastic housing, posing a hazard to users.
The recall involves 274,600 blower vacuums in the United States and Canada.
The recall includes model number UT42120 with serial numbers BMP3540001 through BMR2103100, and model UT42120A with serial numbers BMR2120001 through BMR3421250, the CPSC said.
The blower vacuums are read and black and have "Homelite BlowerVac 2 Speed Powerful 220 MPH" printed on the side of the motor housing.
They were sold exclusively at Home Depot stores from February 2012 through December 2012 for about $40.
Homelite Consumer Products Inc of Anderson, S.C., is providing consumers with a replacement blower vacuum.
Consumers can call 800-597-9624 for information.