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Featured local agent — Chippewa Lake, OH
Sarah Mitchell
Compass Real Estate · Chippewa Lake, OH
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Chippewa Lake, OH Housing Market & Real Estate
Housing market overview · Updated monthly ·
$547,500median sale price
How is the Chippewa Lake, OH housing market right now?
The median home sale price in Chippewa Lake, OH is $547,500. Homes sell in an average of 187 days with 1 active listings. The market is currently a seller's market. (Source: Redfin monthly MLS data, as of April 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Chippewa Lake a buyer's or seller's market?
Chippewa Lake, OH is currently a seller's market, based on 0.5 months of supply and homes selling in about 187 days. How we determine this →
Homes sold
2
Last 12 weeks
Days on market
187
Average pace
Active listings
1
0.5 months supply
Sale-to-list
97.3%
Below asking
What does the Chippewa Lake housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $547,500 |
| Median list price | $325,000 |
| Average days on market | 187 days |
| Active inventory | 1 listings |
| Months of supply | 0.5 months |
| Sale-to-list price ratio | 97.3% |
| Median price per sq ft | $250/sq ft |
| Homes sold (latest month) | 2 |
| New listings (latest month) | 1 |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Chippewa Lake by property type?
How the Chippewa Lake, OH market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $547,500 | $250/sq ft | 2 | 187 days |
Source: Redfin · Updated monthly
The Chippewa Lake housing market is currently classified as a seller's market with a median sale price of $547,500. Prices have fallen 0.0% compared to last year, with homes spending an average of 187 days on market, indicating 0.5 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 2.7x provides context for how home values compare to local earning capacity.
Homes for sale in Chippewa Lake
There are currently 1 homes listed for sale in Chippewa Lake, Ohio. The median listing price is $325K.
Active listings
1
Homes on market
Median list price
$325K
Avg. days on market
187
Days until sale
New this week
1
Newly listed
Who lives in Chippewa Lake?
Population
671
Median income
$81,542/yr
Median age
51.5 years
Owner-occupied
81.6%
College grads
22.0%
Avg commute
29.6 min
Source: U.S. Census Bureau ACS
What are homes worth in Chippewa Lake?
Zillow home value
$219,912
Price-to-income
2.7x
Source: Zillow Research
What is it like to live in Chippewa Lake?
Chippewa Lake is a community of approximately 1K residents with a median age of 51.5 years.The median household income is $81,542, which reflects a relatively affluent area with strong earning potential. 22.0% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 81.6%, reflecting strong community stability and long-term resident commitment. The average commute time is 29.6 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Chippewa Lake offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near Chippewa Lake, OH?
Want a head-to-head view? Compare Chippewa Lake side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Chippewa Lake?
The median home sale price in Chippewa Lake is $547,500, down 0.0% from last year.
How long do homes stay on market in Chippewa Lake?
Homes typically spend 187 days on market before going under contract.
What is the median income in Chippewa Lake?
The median household income is $81,542 per year.
Is Chippewa Lake a buyer's or seller's market?
With 0.5 months of supply, Chippewa Lake is currently a seller's market.
What is the Zillow home value estimate for Chippewa Lake?
The Zillow Home Value Index (ZHVI) for Chippewa Lake is $219,912, representing the typical home value in the area.
How much does a single-family home cost in Chippewa Lake?
The median single-family home price in Chippewa Lake, OH is $547,500 (about $250 per square foot).
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