#5103563, Karen A Eagle, Listing Office: Elite Sotheby's International Realty
Chagrin Falls Housing Market Report February 2025•Geauga County, Ohio
Housing Prices in Chagrin Falls, OH
How much do homes in Chagrin Falls, OH cost?
Housing Market Conditions
Is Chagrin Falls, OH a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Chagrin Falls is a Seller's Market
Difference Since February 2024
Since last year, Chagrin Falls has remained a Seller's Market.
Chagrin Falls is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
Based on all homes sold in the last 12 months
Homes in Chagrin Falls have sold for 1.3% more than they did a year ago.
Summary: The median home sold price in Chagrin Falls was $541,726 in February 2025, up 1.3% from last year, and the median price per square foot was $173.
Median Sold Price By Cities
City | Feb 2024 | Feb 2025 | Change YoY |
---|---|---|---|
South Russell | $450K | $556K | +23.6% |
Chagrin Falls Township | $535K | $545.6K | +2.0% |
Chagrin Falls | $535K | $545.1K | +1.9% |
Chagrin Falls | $535K | $541.7K | +1.3% |
Median Sold Price By Bedrooms
Beds | Feb 2024 | Feb 2025 | Change YoY |
---|---|---|---|
11 Bedroom | $118.2K | $80K | -32.3% |
22 Bedrooms | $332.5K | $362K | +8.9% |
33 Bedrooms | $385K | $437.5K | +13.6% |
44 Bedrooms | $625K | $599.4K | -4.1% |
55+ Bedrooms | $885K | $845K | -4.5% |
Summary: Chagrin Falls housing price by bedroom type for February 2025, compared to the previous year. The home price for 1 bedroom homes decreased by -32.3%. The home price for 2 bedroom homes increased by +8.9%. The home price for 3 bedroom homes increased by +13.6%. The home price for 4 bedroom homes decreased by -4.1%. The home price for 5 bedroom homes decreased by -4.5%.
Housing supply in Chagrin Falls, OH
How many homes are available in Chagrin Falls, OH?
Number of Homes For Sale
Last Month | 2 months ago | Change MoM |
---|---|---|
99Last MonthFeb 2025 | ||
992 months agoJan 2025 | 0.0 % Change MoMJan – Feb |
Summary: The Chagrin Falls real estate market had 99 homes for sale in Feb 2025, the same as Jan 2025
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
25Last MonthFeb 2025 | ||
172 months agoJan 2025 | +47.1 % Change MoMJan – Feb |
Homes For Sale By Bedroom Count
Beds | Jan 2025 | Feb 2025 | Change MoM |
---|---|---|---|
11 Bedroom | 2 | 0 | -100.0% |
22 Bedrooms | 9 | 10 | +11.1% |
33 Bedrooms | 30 | 29 | -3.3% |
44 Bedrooms | 35 | 38 | +8.6% |
55+ Bedrooms | 23 | 22 | -4.3% |
Summary: Chagrin Falls housing inventory by bedroom type for February 2025, compared to the previous month. The inventory for 1 bedroom homes decreased by -100.0%. The inventory for 2 bedroom homes increased by +11.1%. The inventory for 3 bedroom homes decreased by -3.3%. The inventory for 4 bedroom homes increased by +8.6%. The inventory for 5 bedroom homes decreased by -4.3%.
Asking Price vs. Sold Price
How much do homes in Chagrin Falls, OH cost?
Over Asking Price5 Homes
At Asking Price7 Homes
Under Asking Price13 Homes
If you're buying a home in Chagrin Falls, you may be able to get a good deal. 52% of homes here sold below asking price last month.
Summary: A total of 25 homes were sold or pending in Chagrin Falls in February 2025, up by 47.1% month-over-month. Of the 25 sold homes, 52% were sold under asking, 28% were sold at asking, and and 20% were sold over asking.
Days on Market for Chagrin Falls, OH
How long does it take to sell a home in Chagrin Falls, OH?
Breakdown of Home Sale Times
Under 30 Days12 Homes
30 – 90 Days5 Homes
Over 90 Days8 Homes
Many homes in Chagrin Falls are selling fast, if you're buying plan to act quickly.
Summary: During February 2025, 25 homes were sold in Chagrin Falls; 48% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 32% of homes were sold over 90 days.
Average Sale Time
This Year | 1 year ago | Change YoY |
---|---|---|
62 DaysThis YearFeb 2025 | ||
44 Days1 year agoFeb 2024 | +39.6 % Change YoYFeb 2024 – Feb 2025 |
Summary: Homes in Chagrin Falls had an average listing age of 62 days in Feb 2025, up by 39.6% compared to the previous year.
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Newest Listings in Chagrin Falls, OH
What homes are available in Chagrin Falls, OH?
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MLS Disclaimers and Copyright
Based on information from MLS Now, for the period 03/01/2023 - 03/01/2025
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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/3/2025, 3:20:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.