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Sarah Mitchell

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Compass Real Estate · Chardon, OH

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Chardon, OH(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Chardon, 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 Chardon, OH is worth $383,664, rose 5.9% over the past year (Zillow Home Value Index, August 2026). The last median sale price Redfin published was $360,000, +2.0% year over year (through May 2026). With 0.6 months of supply and homes going under contract in about 19 days, Chardon is a strong seller's market. At today's 7.03% 30-year fixed rate, 20% down on a $383,664 home is about $2,048/mo in principal and interest.

Key numbers for Chardon, OH

Typical home value

$383,664

+5.9% in 12 months

Zillow, August 2026

Median sale price

$360,000

+2.0% year over year

Redfin, through May 2026

Days on market

19

Fast-moving

Redfin, through May 2026

Active listings

7

0.6 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

$86,618

Home costs 4.4x income

U.S. Census ACS, 2023

Sale-to-list ratio

100.0%

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 Chardon a buyer's or seller's market?

Strong seller's market0.6 months of supply19 days on market100.0% of asking

Chardon, OH is a strong seller's market, based on 0.6 months of supply and homes selling in about 19 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 Chardon housing market data show?

Every row below is Redfin's final published month for Chardon, OH. Redfin, through May 2026

Housing market statistics for Chardon, OH, Redfin through May 2026
MetricValue
Median sale price$360,000
Median list price$364,450
Year-over-year price change+2.0%
Median price per sq ft$188/sq ft
Median days on market19 days
Active inventory7 listings
Months of supply0.6 months
Sale-to-list price ratio100.0%
Homes sold (that month)11
New listings (that month)8
Listings with a price cut28.6%
Market conditionStrong 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 Chardon is frozen at May 2026.
Typical home value (ZHVI)
Zillow's estimate of what a mid-market home in Chardon 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 Chardon home prices moved?

Over the last three years the median sale price in Chardon, OH rose 64.4%, from $219,000 to $360,000. 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. 28.6% of Chardon listings cut their asking price in the final Redfin month — a high share, and the clearest sign that list prices were running ahead of what buyers would pay. For prices to fall meaningfully from here, supply would have to keep building past 0.6 months while the sale-to-list ratio slips below its current 100.0%. 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 Chardon?

Priced off the typical home value of $383,664 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.

Monthly principal and interest by down payment in Chardon, OH
Down paymentCash at closeLoan amountMonthly P&I
20%$76,733$306,931$2,048/mo
5%$19,183$364,481$2,432/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 $2,048, that implies roughly $87,780 a year before you add taxes and insurance. The median household in Chardon earns $86,618, about $1,162 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 4.4x — above the historical 3x norm but in line with much of the country in 2026.

Run it with your own numbers: affordability calculator · mortgage calculator

Buying in Chardon in the next 12 months?

Tell us your timeline. We send the Chardon market brief: the price ranges that actually clear, how long homes sit, and what to fix on your credit before you apply.

No spam, no reselling your details. Market data on this site is informational and is not financial, investment, or real estate advice.

Is it cheaper to rent or buy in Chardon?

Zillow does not publish a rent index (ZORI) for Chardon, OH, so we cannot compute a price-to-rent ratio here without borrowing a nearby market's rents and calling them local — which we will not do. The rent vs. buy calculator works with a rent figure you supply.

Is inventory rising or falling in Chardon?

Active listings in Chardon, OH went from 18 in May 2025 to 7 in May 2026, a -61.1% change. Falling inventory tightens competition. When supply drops while demand holds, sale-to-list ratios rise before the median sale price does.

Active listings by month in Chardon, OH
MonthActive listingsNew listings
June 2025199
July 20252014
August 20252411
September 2025258
October 2025205
November 2025143
December 2025134
January 2026116
February 202684
March 202699
April 2026149
May 202678

Redfin, through May 2026

How does Chardon compare to Ohio and the U.S.?

Chardon homes sell for $360,000 — 27% above the Ohio median of $282,600. Against the national median of $410,700, Chardon runs 12% lower. Year-over-year, Chardon moved +2.0% against Ohio's +5.4% — a smaller swing than the state as a whole.

Chardon, OH compared with Ohio and the United States
MarketMedian sale priceYoYDays on market
Chardon, OH$360,000+2.0%19 days
Ohio statewide$282,600+5.4%36 days
United States$410,700not publishednot 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 Chardon

What buyers should watch

  • Months of supply, currently 0.6. 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 28.6%. 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 $384 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 $383,664 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 Chardon listing goes under contract in 19 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 100.0% of asking. Price at the number you want and let competition do the rest.
  • In the last published month Chardon added 8 new listings against 11 sales — more clearing than arriving, which is the better window to list.
  • 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 Chardon varies more than the citywide median suggests — check the ZIP pages below before you set a number.

Homes for sale in Chardon

There are currently 7 homes listed for sale in Chardon, Ohio. The median listing price is $364K.

Active listings

7

Homes on market

Median list price

$364K

Avg. days on market

19

Days until sale

New this week

8

Newly listed

Price drops:28.6%of listings
Sale-to-list:100.0%

How much do homes cost in Chardon by property type?

How the Chardon, OH market breaks down across single-family homes, condos and townhouses. Redfin, through May 2026

Median price, price per square foot, homes sold and days on market by property type in Chardon, OH
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$299,450$190/sq ft1018 days
Condo / co-op$299,000$198/sq ft231 days

Who lives in Chardon?

American Community Survey estimates for Chardon. U.S. Census ACS, 2023

Population

5,246

Households

2,066

Median income

$86,618/yr

Median age

37.1 years

Owner-occupied

65.2%

Median home value

$274,500

Median gross rent

$1,035/mo

Mean commute

25 min

65.2% of occupied homes in Chardon 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 $274,500 against Zillow's $383,664 typical value; the gap is normal — ACS asks owners what they think their home is worth, Zillow models transactions.

Which public schools serve Chardon?

5 schools tracked · 2,524 students

The largest public schools serving Chardon, 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.

Chardon High School

Grades 8-12 · 1,097 students

Public

Chardon Middle School

Grades 4-7 · 704 students

Public

Munson Elementary School

Grades 1-3 · 264 students

Public

Park Elementary School

Grades 1-3 · 238 students

Public

Chardon Early Learning Center

Grades PK-K · 221 students

Public

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 Chardon, OH?

Ordered by distance from Chardon, not by size. Compare Chardon side by side with any of them.

Chardon housing market FAQ

Is Chardon a buyer's or seller's market?

Chardon, OH is currently a strong seller's market. That read comes from 0.6 months of supply, homes going under contract in about 19 days, and sellers getting 100.0% of their asking price in the last month Redfin published (May 2026).

How much do homes cost in Chardon?

The typical home in Chardon, OH is worth $383,664 (Zillow Home Value Index, August 2026). The median sale price in the last month Redfin published was $360,000, about $188 per square foot.

Is Chardon cheaper than the rest of Ohio?

Chardon's median sale price of $360,000 is 27% higher than the Ohio statewide median of $282,600, and 12% below the U.S. median of $410,700. Both figures are for the same period.

How long do homes take to sell in Chardon?

Homes in Chardon, OH spent a median of 19 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 Chardon?

At the current 30-year fixed rate of 7.03%, 20% down on a $383,664 home is about $2,048 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $87,780 a year before taxes, insurance, HOA dues or mortgage insurance. The local median household income is $86,618.

Are home prices rising in Chardon?

The typical home value in Chardon, OH rose 5.9% over the last 12 months, from $362,183 to $383,664 (Zillow, August 2026). This is the live series — it refreshes monthly.

What are the cheapest ZIP codes in Chardon?

Chardon 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 Chardon?

That depends on your timeline, not on a headline. What the data says today: Chardon, OH is a strong seller's market with 0.6 months of supply, the 30-year fixed rate is 7.03%. Properties Incorporated publishes the data; it does not give financial advice.

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One email: what homes are actually clearing at around $383,664, how long they sit, which ZIPs run cheaper, and what to fix on your credit before you apply.

No spam, no reselling your details. Market data on this site is informational and is not financial, investment, or real estate advice.