$193,000
315 Solon Rd Apt 309
Chagrin Falls, OH
3 bd2 ba1,043 sqft$185/ft²
Condo
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Compass Real Estate · Chagrin Falls, OH
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Chagrin Falls, OH(512) 555-0184TX License #0512847
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Chagrin Falls, OH Housing Market
Strong seller's market+5.9% YoY
Zillow, August 2026 · Refreshes monthlyRedfin, through May 2026 · No longer updatingFreddie Mac via FRED, September 2026 · Refreshes weekly
The typical home in Chagrin Falls, OH is worth $523,392, rose 5.9% over the past year (Zillow Home Value Index, August 2026). The last median sale price Redfin published was $680,000, +40.2% year over year (through May 2026). With 1.7 months of supply and homes going under contract in about 5 days, Chagrin Falls is a strong seller's market. At today's 7.03% 30-year fixed rate, 20% down on a $523,392 home is about $2,794/mo in principal and interest.
Key numbers for Chagrin Falls, OH
Typical home value
$523,392
+5.9% in 12 months
Zillow, August 2026
Typical asking rent
$2,525/mo
Zillow Observed Rent Index
Zillow, August 2026
Median sale price
$680,000
+40.2% year over year
Redfin, through May 2026
Days on market
5
Fast-moving
Redfin, through May 2026
Active listings
15
1.7 months of supply
Redfin, through May 2026
30-yr fixed rate
7.03%
Freddie Mac weekly average
Freddie Mac via FRED, September 2026
Median household income
$96,914
Home costs 5.4x income
U.S. Census ACS, 2023
Sale-to-list ratio
102.3%
Selling above asking
Redfin, through May 2026
Zillow figures are as of August 2026 and refresh monthly. Redfin figures are through May 2026 — Redfin stopped publishing its public market trackers in June 2026, so those numbers are final, not current. Mortgage rates come from Freddie Mac via FRED and update weekly.
Is Chagrin Falls a buyer's or seller's market?
Strong seller's market1.7 months of supply5 days on market102.3% of asking
Chagrin Falls, OH is a strong seller's market, based on 1.7 months of supply and homes selling in about 5 days. Under 2 months of supply is a severe shortage: expect competition on almost anything priced correctly, and little room to negotiate below asking.
Inputs are Redfin's final published period (May 2026). How we classify markets · Where the data comes from
What does the Chagrin Falls housing market data show?
Every row below is Redfin's final published month for Chagrin Falls, OH. Redfin, through May 2026
| Metric | Value |
|---|---|
| Median sale price | $680,000 |
| Median list price | $535,000 |
| Year-over-year price change | +40.2% |
| Median price per sq ft | $316/sq ft |
| Median days on market | 5 days |
| Active inventory | 15 listings |
| Months of supply | 1.7 months |
| Sale-to-list price ratio | 102.3% |
| Homes sold (that month) | 9 |
| New listings (that month) | 12 |
| Listings with a price cut | 20.0% |
| Market condition | Strong seller's market |
How to read these numbers
- Median sale price
- Half the homes that closed sold for more than this, half for less. It moves with what kind of home sold that month, so a quiet month with two big sales can swing it. Redfin's figure for Chagrin Falls is frozen at May 2026.
- Typical home value (ZHVI)
- Zillow's estimate of what a mid-market home in Chagrin Falls is worth right now, whether or not it sold. It is smoother than the median sale price and it still refreshes monthly, which is why this page leads with it.
- Months of supply
- How long it would take to sell every active listing at the current pace. Under 3 favors sellers, over 6 favors buyers, and 3 to 6 is the balanced band.
- Days on market
- Median time from listing to accepted offer. Short means you should have financing ready before you tour; long means there is room to negotiate on price and repairs.
- Sale-to-list ratio
- Sale price divided by the last asking price. Above 100% means bidding above asking is normal here; below 100% means the typical buyer got a discount.
- Price per square foot
- The size-adjusted price. Use it to compare a 1,400 sq ft house to a 2,600 sq ft house, not to value your own home — lot, condition and age move it a lot.
- Listings with a price cut
- Share of active listings that dropped their asking price in the month. A high share is the earliest visible sign that sellers are ahead of what buyers will pay.
- Typical asking rent (ZORI)
- Zillow's repeat-rent index for asking rents on new leases. Paired with the home value it gives the price-to-rent ratio in the rent-vs-buy section below.
How have Chagrin Falls home prices moved?
Over the last three years the median sale price in Chagrin Falls, OH rose 61.9%, from $420,000 to $680,000. The live Zillow value series has rose 5.9% in the last 12 months, which is the more current read now that Redfin's series has stopped. 20.0% of Chagrin Falls listings cut their asking price in the final Redfin month — a modest share, which is what a market looks like when sellers are pricing close to where homes actually clear. For prices to fall meaningfully from here, supply would have to keep building past 1.7 months while the sale-to-list ratio slips below its current 102.3%. Watch those two together — they move before the median does.
Redfin, through May 2026 — the chart ends at Redfin's final published month.
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What does it cost to buy a home in Chagrin Falls?
Priced off the typical home value of $523,392 at the current 7.03% 30-year fixed rate. These are principal and interest only — property taxes, homeowner's insurance, HOA dues and mortgage insurance are on top, and they vary enough by property that we will not guess them for you.
| Down payment | Cash at close | Loan amount | Monthly P&I |
|---|---|---|---|
| 20% | $104,678 | $418,713 | $2,794/mo |
| 5% | $26,170 | $497,222 | $3,318/mo |
Zillow, August 2026 for the price · Freddie Mac via FRED, September 2026 for the rate
What income do you need?
Lenders generally want housing costs under 28% of gross income. On the 20%-down payment of $2,794, that implies roughly $119,749 a year before you add taxes and insurance. The median household in Chagrin Falls earns $96,914, about $22,835 short of that threshold — the typical local household needs a larger down payment, a co-borrower, or a home below the typical home value to fit the 28% rule. That puts the price-to-income ratio at 5.4x — well above the 3x that was historically considered affordable, which is why down payment size drives who can buy here.
Run it with your own numbers: affordability calculator · mortgage calculator
Buying in Chagrin Falls in the next 12 months?
Tell us your timeline. We send the Chagrin Falls market brief: the price ranges that actually clear, how long homes sit, and what to fix on your credit before you apply.
Is it cheaper to rent or buy in Chagrin Falls?
Typical asking rent in Chagrin Falls, OH is $2,525/mo, against a typical home value of $523,392. That is a price-to-rent ratio of 17.3x, which means buying and renting land close enough together that the decision turns on how long you stay and your down payment. Compared head to head, 20% down puts principal and interest at $2,794 a month — $269 more than renting before taxes and insurance, so the ownership case here rests on equity and appreciation rather than monthly cash flow.
Zillow, August 2026 for both value and rent
Add your own down payment, tax rate and time horizon in the rent vs. buy calculator.
Is inventory rising or falling in Chagrin Falls?
Active listings in Chagrin Falls, OH went from 23 in May 2025 to 15 in May 2026, a -34.8% change. Falling inventory tightens competition. When supply drops while demand holds, sale-to-list ratios rise before the median sale price does.
| Month | Active listings | New listings |
|---|---|---|
| June 2025 | 18 | 10 |
| July 2025 | 11 | 8 |
| August 2025 | 15 | 9 |
| September 2025 | 16 | 10 |
| October 2025 | 19 | 11 |
| November 2025 | 15 | 6 |
| December 2025 | 16 | 4 |
| January 2026 | 14 | 3 |
| February 2026 | 11 | 5 |
| March 2026 | 9 | 9 |
| April 2026 | 13 | 14 |
| May 2026 | 15 | 12 |
Redfin, through May 2026
How does Chagrin Falls compare to Ohio and the U.S.?
Chagrin Falls homes sell for $680,000 — 141% above the Ohio median of $282,600. Against the national median of $410,700, Chagrin Falls runs 66% higher. Year-over-year, Chagrin Falls moved +40.2% against Ohio's +5.4% — a bigger swing than the state as a whole.
| Market | Median sale price | YoY | Days on market |
|---|---|---|---|
| Chagrin Falls, OH | $680,000 | +40.2% | 5 days |
| Ohio statewide | $282,600 | +5.4% | 36 days |
| United States | $410,700 | not published | not published |
City and state rows: Redfin, through May 2026 · U.S. row: Freddie Mac via FRED, April 2026 (MSPUS, quarterly)
What to do next in Chagrin Falls
What buyers should watch
- Months of supply, currently 1.7. It turns before price does — when it climbs past 6, sellers start taking offers they would have rejected a quarter earlier.
- The share of listings cutting price, currently 20.0%. A listing that has already cut once is the one most likely to accept below asking.
- The gap between 5% and 20% down here is $524 a month in principal and interest alone, before mortgage insurance. That gap, not the price, is usually what decides your timeline.
- Rate moves. At 7.03%, every full point of rate change moves the payment on a $523,392 home more than a 5% price change does.
- Your credit tier before you shop, not after — it sets the rate you are quoted. Run your numbers first.
What sellers should know
- The median Chagrin Falls listing goes under contract in 5 days. If yours passes that mark, the market is telling you the price is wrong — not that you need more showings.
- Homes here close at 102.3% of asking. Price at the number you want and let competition do the rest.
- In the last published month Chagrin Falls added 12 new listings against 9 sales — more competition arriving than clearing, so early timing matters.
- Your equity moved +5.9% in the last 12 months on the Zillow value series. That, not the price you paid, is what sets your net proceeds.
- Comparable ZIP-level pricing inside Chagrin Falls varies more than the citywide median suggests — check the ZIP pages below before you set a number.
Homes for sale in Chagrin Falls
There are currently 15 homes listed for sale in Chagrin Falls, Ohio. The median listing price is $535K. Featured listings range from $193,000 to $5,999,000.
$360,000
106 Solon Rd
Chagrin Falls, OH
0 sqft0
Land38,768 sqft lot
View photos & details
$429,900
4290 Brainard Rd
Chagrin Falls, OH
4 bd2 ba2,408 sqft$179/ft²
House42,911 sqft lot
View photos & details
$499,900
5091 Chillicothe Rd
Chagrin Falls, OH
3 bd3 ba3,026 sqft$165/ft²
House2.27 acres
View photos & details
$575,000
26 Water St
Chagrin Falls, OH
3 bd3 ba0 sqft0
House5,519 sqft lot
View photos & details
$589,000
10075 Waterford Trl
Chagrin Falls, OH
4 bd4 ba3,858 sqft$153/ft²
House3.06 acres
View photos & details
$639,000
633 Coy Ln
Chagrin Falls, OH
5 bd3 ba0 sqft0
House1.60 acres
View photos & details
$724,900
16625 Auburn Springs Dr
Chagrin Falls, OH
4 bd4 ba4,193 sqft$173/ft²
House3.00 acres
View photos & details
$739,900
11779 Derbyshire Ln
Chagrin Falls, OH
4 bd3 ba4,881 sqft$152/ft²
House2.02 acres
View photos & details
$889,900
18919 Ravenna Rd
Chagrin Falls, OH
4 bd4 ba3,675 sqft$242/ft²
House15.06 acres
View photos & details
$1,475,000
16770 Staffordshire Ct
Chagrin Falls, OH
6 bd7 ba8,599 sqft$172/ft²
House2.66 acres
View photos & details
$5,999,000
106 W Washington St
Chagrin Falls, OH
5 bd8 ba13,656 sqft$439/ft²
House1.91 acres
View photos & details
Looking to buy in Chagrin Falls?
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Active listings
15
Homes on market
Median list price
$535K
Avg. days on market
5
Days until sale
New this week
12
Newly listed
Price drops:20.0%of listings
Sale-to-list:102.3%
How much do homes cost in Chagrin Falls by property type?
How the Chagrin Falls, OH market breaks down across single-family homes, condos and townhouses. Redfin, through May 2026
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $685,000 | $373/sq ft | 7 | 6 days |
| Condo / co-op | $472,000 | $259/sq ft | 2 | 4 days |
Who lives in Chagrin Falls?
American Community Survey estimates for Chagrin Falls. U.S. Census ACS, 2023
Population
4,209
Households
1,972
Median income
$96,914/yr
Median age
50.5 years
Owner-occupied
79.9%
Median home value
$414,500
Median gross rent
$1,195/mo
Mean commute
22.6 min
79.9% of occupied homes in Chagrin Falls are owner-occupied, and the rest are rented — which is the share that decides how much of the local housing stock ever reaches the for-sale market. The Census self-reported median home value is $414,500 against Zillow's $523,392 typical value; the gap is normal — ACS asks owners what they think their home is worth, Zillow models transactions. Census median gross rent (all leases, including long-held ones) is $1,195/mo, below Zillow's $2,525/mo asking rent on new leases — the difference is roughly what a mover pays over a stayer.
Which public schools serve Chagrin Falls?
8 schools tracked · 4,220 students
The largest public schools serving Chagrin Falls, OH by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Kenston High School
Grades 9-12 · 789 students
Timmons Elementary School
Grades PK-3 · 778 students
Kenston Middle School
Grades 6-8 · 596 students
Chagrin Falls High School
Grades 9-12 · 562 students
Gurney Elementary School
Grades PK-3 · 475 students
Kenston Intermediate School
Grades 4-5 · 388 students
Chagrin Falls Intermediate Elementary School
Grades 4-6 · 371 students
Chagrin Falls Middle School
Grades 7-8 · 261 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Chagrin Falls, OH?
Ordered by distance from Chagrin Falls, not by size. Compare Chagrin Falls side by side with any of them.
Chagrin Falls housing market FAQ
Is Chagrin Falls a buyer's or seller's market?
Chagrin Falls, OH is currently a strong seller's market. That read comes from 1.7 months of supply, homes going under contract in about 5 days, and sellers getting 102.3% of their asking price in the last month Redfin published (May 2026).
How much do homes cost in Chagrin Falls?
The typical home in Chagrin Falls, OH is worth $523,392 (Zillow Home Value Index, August 2026). The median sale price in the last month Redfin published was $680,000, about $316 per square foot.
Is Chagrin Falls cheaper than the rest of Ohio?
Chagrin Falls's median sale price of $680,000 is 141% higher than the Ohio statewide median of $282,600, and 66% above the U.S. median of $410,700. Both figures are for the same period.
How long do homes take to sell in Chagrin Falls?
Homes in Chagrin Falls, OH spent a median of 5 days on market before going under contract, versus 36 days statewide. Under three weeks means well-priced listings move before most buyers can schedule a second showing. (Redfin, through May 2026.)
What income do you need to buy a home in Chagrin Falls?
At the current 30-year fixed rate of 7.03%, 20% down on a $523,392 home is about $2,794 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $119,749 a year before taxes, insurance, HOA dues or mortgage insurance. The local median household income is $96,914.
Are home prices rising in Chagrin Falls?
The typical home value in Chagrin Falls, OH rose 5.9% over the last 12 months, from $494,242 to $523,392 (Zillow, August 2026). This is the live series — it refreshes monthly.
What are the cheapest ZIP codes in Chagrin Falls?
Chagrin Falls ZIP-level sale prices are not all published for the same period, so ranking them would compare different months. The ZIP pages listed on this page show what we hold for each one individually.
Is now a good time to buy in Chagrin Falls?
That depends on your timeline, not on a headline. What the data says today: Chagrin Falls, OH is a strong seller's market with 1.7 months of supply, the 30-year fixed rate is 7.03%, and the price-to-rent ratio of 17.3x means buying and renting land close enough together that the decision turns on how long you stay and your down payment. Properties Incorporated publishes the data; it does not give financial advice.
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