Is Chagrin Falls, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Chagrin Falls is a seller's market

Buyer's
Market

Difference Since September 2021

At the same time last year, Chagrin Falls was a Buyer's Market.

Key Takeaway

Chagrin Falls is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in Chagrin Falls, OH cost?

Median Sold Price

$444,000

$192/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2021

+$44,500(+11.1%)

Key Takeaway

Homes in Chagrin Falls have sold for 11.1% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSSep 2021Sep 2022%
1 $59.7K-
N/A
2 $85.5K$330K
+285.7%
3 $367.5K$410.2K
+11.6%
4 $479.5K$585.7K
+22.2%
5+ $745K$555.5K
-25.4%

Median Sold Price Compared To Nearby Cities

Moreland Hills
+51.8%
Chagrin Falls
+11.1%
Chagrin Falls Township
+11.1%
Chagrin Falls
+3.4%
South Russell
-7.1%

How many homes are available in Chagrin Falls, OH?

Number of Homes For Sale

Aug 2022Sep 2022%
2515-40.0%

Homes For Sale By Bedroom Count

# BEDSAug 2022Sep 2022%
1 00
0.0%
2 21
-50.0%
3 126
-50.0%
4 88
0.0%
5+ 30
-100.0%

Number of Homes Sold

Aug 2022Sep 2022%
144-71.4%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Chagrin Falls, you could pay more than the asking price. 50% of homes here sold above asking price last month.

Average Sale Time

Sep 2021Sep 2022%
9 Days20 Days+106.9%

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Chagrin Falls are selling fast, if you're buying plan to act quickly.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Chagrin Falls, OH

Chagrin Falls, OH has 15 homes for sale to choose from. The inventory of homes for sale in Chagrin Falls, OH between August 2022 and September 2022 decreased by 40%. The median list price of listings available in September 2022 was $444,000, while the average time on the real estate market was 20 days. Listing prices have changed in this real estate market between August 2022 and September 2022: 1 bedroom properties prices increased by 0%, prices of 2 bedrooms properties increased by 285.7%, 3 bedrooms properties prices increased by 11.6%, 4 bedrooms properties became 22.2% more expensive, prices of 5 bedrooms properties went down by 25.4%. Volume of homes for sale changed: the quantity of 1 bedroom homes have not changed, number of 2 bedrooms homes decreased by 50%, volume of 3 bedrooms homes went down by 50%, 4 bedrooms homes did not move, the quantity of 5 bedrooms homes went down by 100%. Over 2 listings were sold over their listed price in September 2022 in Chagrin Falls, OH. In the same period over 1 listings were sold below the listed price and 1 listings were sold for the listed price.

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