Is Chagrin Falls, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2021
Since last year, Chagrin Falls has remained a Seller'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
$455,666
$154/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2021
+$9,683(+2.2%)
Key Takeaway
Homes in Chagrin Falls have sold for 2.2% more than they did a year ago.
Median Sold Price By Bedroom Count
| # BEDS | Nov 2021 | Nov 2022 | % |
|---|---|---|---|
| 1 Bedroom | $75K | - | N/A |
| 2 Bedrooms | $225K | $311.2K | +38.3% |
| 3 Bedrooms | $334.5K | $342K | +2.2% |
| 4 Bedrooms | $500K | $555K | +11.0% |
| 5+ Bedrooms | $665K | $747.5K | +12.4% |
Median Sold Price Compared To Nearby Cities
| Chagrin Falls | $420K | $447.5K | +6.5% |
| Chagrin Falls Township | $420K | $447.5K | +6.5% |
| Chagrin Falls | $445.9K | $455.6K | +2.2% |
| Bentleyville | $757K | $729K | -3.7%  |
How many homes are available in Chagrin Falls, OH?
Number of Homes For Sale
| Oct 2022 | Nov 2022 | % |
|---|---|---|
| 153 | 127 | -17.0% |
Homes For Sale By Bedroom Count
| # BEDS | Oct 2022 | Nov 2022 | % |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 13 | 11 | -15.4% |
| 3 Bedrooms | 43 | 38 | -11.6% |
| 4 Bedrooms | 74 | 57 | -23.0% |
| 5+ Bedrooms | 23 | 21 | -8.7% |
Number of Homes Sold
| Oct 2022 | Nov 2022 | % |
|---|---|---|
| 43 | 38 | -11.6% |
Asking Price vs. Sold Price
17 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
14 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Chagrin Falls, you may be able to get a good deal. 44.7% of homes here sold below asking price last month.
Average Sale Time
| Nov 2021 | Nov 2022 | % |
|---|---|---|
| 49 Days | 33 Days | -33.5% |
Breakdown of Home Sale Times
23 Homes Were Sold
Under 30 Days
10 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Chagrin Falls are selling fast, if you're buying plan to act quickly.
