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Foreclosure Homes in Chagrin Falls, OH

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View this home at Kent St Chagrin Falls OH 44023
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$107,845 EMV
Kent St
Chagrin Falls, OH 44023
EST. RENT: $1,400
|
AUCTION: 05-09-2024
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Chagrin Falls, OH Foreclosures

How much do homes sell for in Chagrin Falls, OH?
The average home price is currently $532,738.
In Chagrin Falls, OH, how many homes are available?
There are currently 11,896 active home listings available in Chagrin Falls.
What’s the average rental cost in Chagrin Falls, OH?
The average rental price in Chagrin Falls is $2,325.
What is the most expensive home in Chagrin Falls, Ohio?
The most expensive home sold in Chagrin Falls had a price of $8,801,330.
What is currently the cheapest priced home in Chagrin Falls, OH?
The cheapest home for sale in Chagrin Falls is priced at $16,785.

Home Value Estimator For Chagrin Falls, OH

There are currently 11,896 real estate properties in Chagrin Falls, OH, with a median automated valuation model (AVM) price of $450,000.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Chagrin Falls, OH, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Chagrin Falls, OH, is $532,738.00, with the most expensive house in Chagrin Falls, OH, topping out at $8,801,330.00 and the cheapest home in Chagrin Falls, OH, clocking in at $16,785.00. In other words, there’s something for every potential homebuyer or savvy investor in Chagrin Falls, OH!


Rent Prices In Chagrin Falls, OH

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Chagrin Falls, OH, is on a rollercoaster ride. The average rent price in Chagrin Falls, OH, is $2,325.00. Indeed, when looking to rent in Chagrin Falls, OH, you can expect to pay as little as $750.00 or as much as $3,500.00, with the average rent median estimated to be $2,300.00. The good news is that finding an affordable and desirable property to rent in Chagrin Falls, OH -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.


Top Reasons To Live In Chagrin Falls, OH In 2024

Chagrin Falls is located in Cuyahoga, Ohio, with an estimated municipal population of 3,941 residents. All of the best foreclosed homes for sale in Chagrin Falls are located in the following zip code areas on Foreclosure.com: 44022. The estimated population per square kilometer (.62 miles) in Chagrin Falls is 733.


Cost Of Living In Chagrin Falls, OH

So, about how much do homes cost in Chagrin Falls? The most recent median value of resident-owned homes in Chagrin Falls is 346,881. An estimated 75.1 percent of households in Chagrin Falls own their homes, with an average family size of 2.92. The median household income in Chagrin Falls is 101,691, with50.7 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Chagrin Falls, the median commute time of resident workers (in minutes) is 24.5. And last, but certainly not least, are you looking for homes to rent in Chagrin Falls? If so, the average rent price paid by renters in Chagrin Falls is 1,194, according to recent statistics.


Diversity And Demographics In Chagrin Falls, Ohio

Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Chagrin Falls, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.

The median age of residents in Chagrin Falls is 48.1, split between 46.3 percent male versus 53.7 female. The percentage of residents who report being married in Chagrin Falls is 53.2, with an average family size of 2.92.

The percentage of residents who report their race in Chagrin Falls is as follows:

White 97.5%
Black / African American 0.3%
Asian 1.6%
American Indian / Alaskan Native 0%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 0.6%
Other 0%

Looking for family-friendly neighborhoods in and/or near Chagrin Falls? Or maybe you are searching for 55+ active adult communities in and/or near Chagrin Falls?

The percentage of residents who report their age in Chagrin Falls is as follows:

Under 10 11.1%
Aged 10-19 16%
20s 4%
30s 12.1%
40s 9.2%
50s 19.2%
60s 11%
70s 9.3%
80+ 8.2%

Best Schools In Chagrin Falls, Ohio

It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Chagrin Falls with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Chagrin Falls.


Pros And Cons Of Living In Chagrin Falls, Ohio

How do you know that living in -- or moving to -- Chagrin Falls is right where you need to be? Perhaps you grew up in Chagrin Falls or already live nearby; therefore, the decision to buy a home in Chagrin Falls is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Chagrin Falls for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.

Here are some questions to ask yourself when shopping for foreclosed homes for sale in Chagrin Falls:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Chagrin Falls.


Reasons To Move To Chagrin Falls, Ohio, In 2024

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Chagrin Falls can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Chagrin Falls, meanwhile, can field multiple offers from more qualified buyers.

Chagrin Falls, OH Foreclosures


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