Gates Mills, OH is an affluent suburb of Cleveland boasting a median housing value of $590,000, significantly higher than the national median value of $338,100. Over the past year, housing values in Gates Mills have appreciated by 10.26%, outpacing national appreciation of 8.27%. This makes Gates Mills a desirable place to live and invest in real estate.
The median home cost in Gates Mills is $590,000. Home appreciation the last 10 years has been 69.3%. Home Appreciation in Gates Mills is up 13.4%.
Average Age of Homes
- The median age of Gates Mills real estate is 59 years old
The Rental Market in Gates Mills
- Renters make up 4.7% of the Gates Mills population
- 0.0% of houses and apartments in Gates Mills, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.