#5101308, Michael A Henry, Listing Office: EXP Realty, LLC.
Chagrin Falls Township Housing Market Report January 2025•Cuyahoga County, Ohio
Housing Prices in Chagrin Falls Township, OH
How much do homes in Chagrin Falls Township, OH cost?
Housing Market Conditions
Is Chagrin Falls Township, OH a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Chagrin Falls Township is a Seller's Market
Difference Since January 2024
Since last year, Chagrin Falls Township has remained a Seller's Market.
Chagrin Falls Township 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 Township have sold for 5.6% more than they did a year ago.
Summary: The median home sold price in Chagrin Falls Township was $550,000 in January 2025, up 5.6% from last year, and the median price per square foot was $172.
Median Sold Price By Cities
City | Jan 2024 | Jan 2025 | Change YoY |
---|---|---|---|
Chagrin Falls | $516.5K | $550K | +6.5% |
Chagrin Falls | $519.7K | $550K | +5.8% |
Chagrin Falls Township | $520.7K | $550K | +5.6% |
Median Sold Price By Bedrooms
Beds | Jan 2024 | Jan 2025 | Change YoY |
---|---|---|---|
11 Bedroom | $118.2K | $80K | -32.3% |
22 Bedrooms | $322.8K | $363K | +12.5% |
33 Bedrooms | $377.5K | $431.5K | +14.3% |
44 Bedrooms | $611K | $606K | -0.8% |
55+ Bedrooms | $840K | $850K | +1.2% |
Summary: Chagrin Falls Township housing price by bedroom type for January 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 +12.5%. The home price for 3 bedroom homes increased by +14.3%. The home price for 4 bedroom homes decreased by -0.8%. The home price for 5 bedroom homes increased by +1.2%.
Housing supply in Chagrin Falls Township, OH
How many homes are available in Chagrin Falls Township, OH?
Number of Homes For Sale
Last Month | 2 months ago | Change MoM |
---|---|---|
93Last MonthJan 2025 | ||
1002 months agoDec 2024 | -7.0 % Change MoMDec – Jan |
Summary: The Chagrin Falls Township real estate market had 93 homes for sale in Jan 2025, a 7.0 % decrease compared to Dec 2024.
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
16Last MonthJan 2025 | ||
302 months agoDec 2024 | -46.7 % Change MoMDec – Jan |
Homes For Sale By Bedroom Count
Beds | Dec 2024 | Jan 2025 | Change MoM |
---|---|---|---|
11 Bedroom | 2 | 2 | 0.0% |
22 Bedrooms | 10 | 7 | -30.0% |
33 Bedrooms | 30 | 28 | -6.7% |
44 Bedrooms | 40 | 35 | -12.5% |
55+ Bedrooms | 18 | 21 | +16.7% |
Summary: Chagrin Falls Township housing inventory by bedroom type for January 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes decreased by -30.0%. The inventory for 3 bedroom homes decreased by -6.7%. The inventory for 4 bedroom homes decreased by -12.5%. The inventory for 5 bedroom homes increased by +16.7%.
Asking Price vs. Sold Price
How much do homes in Chagrin Falls Township, OH cost?
Over Asking Price7 Homes
At Asking Price2 Homes
Under Asking Price7 Homes
If you're buying a home in Chagrin Falls Township, you may be able to get a good deal. 43.8% of homes here sold below asking price last month.
Summary: A total of 16 homes were sold or pending in Chagrin Falls Township in January 2025, down by 46.7% month-over-month. Of the 16 sold homes, 44% were sold under asking, 13% were sold at asking, and and 44% were sold over asking.
Days on Market for Chagrin Falls Township, OH
How long does it take to sell a home in Chagrin Falls Township, OH?
Breakdown of Home Sale Times
Under 30 Days7 Homes
30 – 90 Days6 Homes
Over 90 Days3 Homes
Many homes in Chagrin Falls Township are selling fast, if you're buying plan to act quickly.
Summary: During January 2025, 16 homes were sold in Chagrin Falls Township; 44% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 19% of homes were sold over 90 days.
Average Sale Time
This Year | 1 year ago | Change YoY |
---|---|---|
57 DaysThis YearJan 2025 | ||
50 Days1 year agoJan 2024 | +14.2 % Change YoYJan 2024 – Jan 2025 |
Summary: Homes in Chagrin Falls Township had an average listing age of 57 days in Jan 2025, up by 14.2% compared to the previous year.
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Newest Listings in Chagrin Falls Township, OH
What homes are available in Chagrin Falls Township, OH?
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MLS Disclaimers and Copyright
Based on information from MLS Now, for the period 02/01/2023 - 02/01/2025
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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: 2/21/2025, 5:20:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.