$2,730 Closing Credit*
$229,900
1,494 SqFt
3 Beds
•2 Full Baths, 1 Partial
Kristen Tagliarina, Listing Office: Keller Williams Chervenic Rlty
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 2023
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.
Housing Prices in Chagrin Falls, OH
How much do homes in Chagrin Falls, OH cost?
Median Sold Price
$549,666
$171/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$49,666(+9.9%)
Key Takeaway
Homes in Chagrin Falls have sold for 9.9% more than they did a year ago.
Summary: The median home sold price in Chagrin Falls was $549,666 in November 2024, up 9.9% from last year, and the median price per square foot was $171.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $118.2K | - | N/A |
| 2 Bedrooms | $325K | $364K | +12.0% |
| 3 Bedrooms | $377.5K | $415K | +9.9% |
| 4 Bedrooms | $590K | $608K | +3.1% |
| 5+ Bedrooms | $825K | $812.5K | -1.5% |
Summary: Chagrin Falls housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 12%, 3 bedroom homes increased by 9.9%, 4 bedroom homes increased by 3.1%, and 5+ bedroom homes decreased by 1.5%.
Median Sold Price Compared To Nearby Cities
| Chagrin Falls Township | $500K | $550K | +10.0% |
| Chagrin Falls | $500K | $549.6K | +9.9% |
| Chagrin Falls | $500K | $549.6K | +9.9% |
| Moreland Hills | $689.7K | $650K | -5.8% |
Housing Supply in Chagrin Falls, OH
How many homes are available in Chagrin Falls, OH?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 139 | 118 | -15.1% |
Summary: The Chagrin Falls real estate market had 118 homes for sale in November 2024, a 15.1% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 10 | 9 | -10.0% |
| 3 Bedrooms | 40 | 39 | -2.5% |
| 4 Bedrooms | 58 | 47 | -19.0% |
| 5+ Bedrooms | 30 | 22 | -26.7% |
Summary: The Chagrin Falls housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 10%, 3 bedroom homes decreased by 2.5%, 4 bedroom homes decreased by 19%, and 5+ bedroom homes decreased by 26.7%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 39 | 29 | -25.6% |
Asking Price vs. Sold Price
19 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
7 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. 65.5% of homes here sold below asking price last month.
Summary: A total of 29 homes were sold or pending in Chagrin Falls in November 2024, down by 25.6% month-over-month. Of the 29 sold homes, 66% were sold under asking, 10% were sold at asking, and 24% were sold over asking.
Days on Market for Chagrin Falls, OH
How long does it take to sell a home in Chagrin Falls, OH?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 41 Days | 60 Days | +46.0% |
Summary: Homes in Chagrin Falls had an average of 60 days on market in Nov 2024, up by 46% compared to last year.
Breakdown of Home Sale Times
13 Homes Were Sold
Under 30 Days
13 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Chagrin Falls are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 29 homes were sold in Chagrin Falls; 45% of homes were sold within 30 days, 45% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.
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