Is Chardon, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2023
Since last year, Chardon has remained a Seller's Market.
Housing Prices in Chardon, OH
How much do homes in Chardon, OH cost?
Median Sold Price
$309,000
$134/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in Chardon was $309,000 in February 2024, down 2.3% from last year, and the median price per square foot was $134.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $449K | $87.5K | -80.5% |
2 Bedrooms | $191K | $174.9K | -8.4% |
3 Bedrooms | $250K | $250K | 0.0% |
4 Bedrooms | $383K | $380K | -0.8% |
5+ Bedrooms | $495K | $465K | -6.1% |
Summary: Chardon housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 80.5%, 2 bedroom homes decreased by 8.4%, 3 bedroom homes did not change, 4 bedroom homes decreased by 0.8%, and 5+ bedroom homes decreased by 6.1%.
Median Sold Price Compared To Nearby Cities
Hambden Township | $305K | $348.5K | +14.3% |
Munson Township | $358K | $366K | +2.2% |
Chardon Township | $316.2K | $310.5K | -1.8% |
Chardon | $316.2K | $309K | -2.3% |
Housing Supply in Chardon, OH
How many homes are available in Chardon, OH?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
50 | 50 | 0.0% |
Summary: The Chardon real estate market had 50 homes for sale in February 2024, the same as January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 5 | 6 | +20.0% |
3 Bedrooms | 20 | 18 | -10.0% |
4 Bedrooms | 17 | 20 | +17.6% |
5+ Bedrooms | 8 | 6 | -25.0% |
Summary: The Chardon housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 20%, 3 bedroom homes decreased by 10%, 4 bedroom homes increased by 17.6%, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
13 | 14 | +7.7% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 14 homes were sold or pending in Chardon in February 2024, up by 7.7% month-over-month. Of the 14 sold homes, 57% were sold under asking, 7% were sold at asking, and 36% were sold over asking.
Days on Market for Chardon, OH
How long does it take to sell a home in Chardon, OH?
Average Sale Time
Feb 2023 | Feb 2024 | CHANGE |
---|---|---|
62 Days | 86 Days | +38.2% |
Summary: Homes in Chardon had an average of 86 days on market in Feb 2024, up by 38.2% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During February 2024, 14 homes were sold in Chardon; 36% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 29% of homes were sold over 90 days.