Gates Mills, OH

Balanced market-13.6% YoY

Housing market overview · Updated weekly

$475,000median sale price

Homes sold

1

Last 12 weeks

Days on market

5

Fast-moving

Active listings

7

7.0 months supply

Sale-to-list

99.0%

Below asking

The Gates Mills housing market is currently classified as a balanced market with a median sale price of $475,000. Prices have fallen 13.6% compared to last year, with homes spending an average of 5 days on market, indicating 7.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Market trends

Homes for sale in Gates Mills

There are currently 7 homes listed for sale in Gates Mills, Ohio. The median listing price is $1.9M.

Active listings

7

Homes on market

Median list price

$1.9M

Avg. days on market

5

Days until sale

New this week

2

Newly listed

Price drops:28.6%of listings
Sale-to-list:99.0%

Explore nearby cities in OH

Frequently asked questions

What is the average home price in Gates Mills?

The median home sale price in Gates Mills is $475,000, down 13.6% from last year.

How long do homes stay on market in Gates Mills?

Homes typically spend 5 days on market before going under contract.

Is Gates Mills a buyer's or seller's market?

With 7.0 months of supply, Gates Mills is currently a balanced market.

Get Gates Mills market alerts

Weekly updates on prices, inventory, and trends. Free forever.