Housing in Chagrin Falls, OH (44022) is considered to be significantly more expensive than the median national value. According to the data provided, the median housing value in Chagrin Falls is $448,200, which is much higher than the US median of $338,100. Additionally, the 1-year house appreciation rate in Chagrin Falls was 10.26%, which was even higher than the US appreciation rate of 8.27%. This indicates that housing prices in Chagrin Falls have been steadily increasing over time and are likely to continue doing so into the future. As such, buying a home in Chagrin Falls can be an expensive investment but may bring good returns for those willing to invest.
The median home cost in Chagrin Falls (zip 44022) is $448,200. Home appreciation the last 10 years has been 69.3%. Home Appreciation in Chagrin Falls (zip 44022) is up 13.4%.
Average Age of Homes
- The median age of Chagrin Falls (zip 44022) real estate is 52 years old
The Rental Market in Chagrin Falls (zip 44022)
- Renters make up 17.4% of the Chagrin Falls (zip 44022) population
- 0.0% of houses and apartments in Chagrin Falls (zip 44022), 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.