Is Chagrin Falls, OH 44023 a buyer’s or seller’s market?
Chagrin Falls is a seller’s market. With about 1 months of supply and 45% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
More competitive than 90% of U.S. ZIP codes, and #37 of 489 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Chagrin Falls housing market right now
In the three months ending August 31, 2026, 45% of homes in Chagrin Falls, OH 44023 sold above their list price, the typical home went under contract in 25 days and there was 1 month of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 98 home sales.
Compared with the same period a year earlier, the share selling over asking was about the same (43% then), homes sold faster (27 days then) and the median sale price rose 3% to $614,734. Overall, Chagrin Falls is about as competitive as it was a year ago.
Within Geauga County, homes here sell more slowly than in 60% of the county’s ZIP codes, and sell more often over asking than in 60%. On our competition score, Chagrin Falls ranks #37 of 489 OH ZIP codes with enough sales (score 85 out of 100).
Nearby, buyers who want less competition could look at Huntsburg 44046 (14% sold over asking) or Montville 44064 (17% sold over asking), while Parkman 44080 (100% sold over asking) and Newbury 44065 (67% sold over asking) are even more competitive.
Run the numbers for 44023
Nearby markets
Burton 44021Seller’s market $170 /sq ftChardon 44024Seller’s market $200 /sq ftChesterland 44026Seller’s market $194 /sq ftHuntsburg 44046Seller’s market $185 /sq ft Browse all markets →Towns like Chagrin Falls nearby
Find towns like Chagrin Falls in other states →Where Chagrin Falls is
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Questions about Chagrin Falls real estate
Is Chagrin Falls a buyer’s or seller’s market?
A seller’s market: there was 1 months of supply in Chagrin Falls, OH 44023 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Chagrin Falls?
The typical home went under contract in 25 days in the latest three months.
Do homes in Chagrin Falls sell over asking?
45% of homes sold above their original list price, and the typical sale closed at 100.7% of the list price.
What are property taxes in Chagrin Falls?
About 1.38% of a home’s value a year in Geauga County, or roughly $5,520 on a $400,000 home.
What is the median home price in Chagrin Falls?
The median sale price was $614,734 in the three months ending August 31, 2026, about $234 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology