Is Chardon, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 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
$315,000
$136/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Chardon was $315,000 in April 2024, down 1% from last year, and the median price per square foot was $136.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $98K | - | N/A |
2 Bedrooms | $174.9K | $170K | -2.8% |
3 Bedrooms | $250K | $261K | +4.4% |
4 Bedrooms | $376.5K | $380K | +0.9% |
5+ Bedrooms | $507.5K | $429K | -15.5% |
Summary: Chardon housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 2.8%, 3 bedroom homes increased by 4.4%, 4 bedroom homes increased by 0.9%, and 5+ bedroom homes decreased by 15.5%.
Median Sold Price Compared To Nearby Cities
Claridon Township | $220K | $268.7K | +22.2% |
Munson Township | $370K | $367K | -0.8% |
Chardon Township | $320K | $317K | -0.9% |
Chardon | $318.2K | $315K | -1.0% |
Hambden Township | $363.1K | $335.5K | -7.6% |
Housing Supply in Chardon, OH
How many homes are available in Chardon, OH?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
55 | 55 | 0.0% |
Summary: The Chardon real estate market had 55 homes for sale in April 2024, the same as March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 4 | 4 | 0.0% |
3 Bedrooms | 18 | 15 | -16.7% |
4 Bedrooms | 26 | 28 | +7.7% |
5+ Bedrooms | 7 | 8 | +14.3% |
Summary: The Chardon housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 16.7%, 4 bedroom homes increased by 7.7%, and 5+ bedroom homes increased by 14.3%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
18 | 16 | -11.1% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Summary: A total of 16 homes were sold or pending in Chardon in April 2024, down by 11.1% month-over-month. Of the 16 sold homes, 25% were sold under asking, 25% were sold at asking, and 50% 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
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
39 Days | 44 Days | +11.4% |
Summary: Homes in Chardon had an average of 44 days on market in Apr 2024, up by 11.4% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During April 2024, 16 homes were sold in Chardon; 56% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 19% of homes were sold over 90 days.