Is Chardon, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Chardon is a neutral's market

Buyer's
Market

Difference Since February 2022

At the same time last year, Chardon was a Seller's Market.

Key Takeaway

Chardon is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

How much do homes in Chardon, OH cost?

Median Sold Price

$221,500

$135/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2022

+$11,500(+5.5%)

Key Takeaway

Homes in Chardon have sold for 5.5% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSFeb 2022Feb 2023%
1 $79.7K$98K
+22.9%
2 $160K$142K
-11.3%
3 $201K$204.5K
+1.7%
4 $215.5K$334K
+55.0%
5+ $265K$335K
+26.4%

Median Sold Price Compared To Nearby Cities

Hambden Township
+8.0%
Chardon
+5.5%
Munson Township
+2.6%
Chardon Township
-0.9%
Claridon Township
-20.3%

How many homes are available in Chardon, OH?

Number of Homes For Sale

Jan 2023Feb 2023%
2338+65.2%

Homes For Sale By Bedroom Count

# BEDSJan 2023Feb 2023%
1 02
+100.0%
2 45
+25.0%
3 913
+44.4%
4 815
+87.5%
5+ 23
+50.0%

Number of Homes Sold

Jan 2023Feb 2023%
26+200.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Chardon, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Average Sale Time

Feb 2022Feb 2023%
57 Days53 Days-7.4%

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Chardon has remained consistent over time.

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

About Chardon, OH

Chardon, OH has 38 homes on the market. The number of listings in Chardon, OH increased by 65.2% between January 2023 and February 2023. Listings spent 53 days on the market in February 2023, and had a median list price of $221,500 during the same period. Listing prices have changed in this real estate market between January 2023 and February 2023: prices of 1 bedroom properties went up by 22.9%, 2 bedrooms properties prices decreased by 11.3%, 3 bedrooms properties became 1.7% more expensive, 4 bedrooms properties prices increased by 55%, the cost of 5 bedrooms properties went up by 26.4%. The following changes in the number of homes for sale were observed in this housing market: 1 bedroom homes inventory increased by 100%, 2 bedrooms homes became 25% more available, 3 bedrooms homes inventory increased by 44.4%, 4 bedrooms homes inventory increased by 87.5%, volume of 5 bedrooms homes went up by 50%. While more than 1 listings in Chardon, OH in February 2023 were sold above asking price, there were more than 1 listings sold at asking price, and more than 4 were sold below.