In April 2020, there were four homes sold, with a median sale price of $317,500 - a 67.1% increase over the $190,000 median sale price for the same period of the previous year. There were 13 homes sold in Chagrin Falls in April 2019.
The median sales tax in Chagrin Falls for the most recent year with available data, 2016, was $7,927, approximately 2.5% of the median home sale price for April 2020.
The following table compares Chagrin Falls to other Cuyahoga County cities with similar median sales prices in April 2020:
City | Apr. 2020 Home Sales | Apr. 2019 Home Sales | % change (Total Home Sales) | Apr. 2020 Median Sales Price | Apr. 2019 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Bentleyville | 4 | 1 | 300% | $510,000 | $439,000 | 16.2% |
Gates Mills | 3 | 3 | 0% | $500,000 | $440,000 | 13.6% |
Pepper Pike | 8 | 14 | -42.9% | $492,500 | $444,500 | 10.8% |
Moreland Hills | 5 | 9 | -44.4% | $482,500 | $450,000 | 7.2% |
Mayfield | 3 | 2 | 50% | $355,000 | $135,000 | 163% |
Chagrin Falls | 4 | 13 | -69.2% | $317,500 | $190,000 | 67.1% |
Glenwillow | 1 | 0 | - | $294,500 | $0 | - |
Orange | 8 | 5 | 60% | $292,600 | $356,000 | -17.8% |
Solon | 35 | 30 | 16.7% | $291,000 | $307,000 | -5.2% |
Brooklyn Heights | 1 | 3 | -66.7% | $285,000 | $115,000 | 147.8% |
Rocky River | 23 | 44 | -47.7% | $279,900 | $207,500 | 34.9% |