In February 2022, there were five homes sold, with a median sale price of $444,000 - a 41% increase over the $315,000 median sale price for the same period of the previous year. There were nine homes sold in Chagrin Falls in February 2021.
The median sales tax in Chagrin Falls for the most recent year with available data, 2019, was $8,851, approximately 2% of the median home sale price for February 2022.
The following table compares Chagrin Falls to other Cuyahoga County cities with similar median sale prices in February 2022:
| City | Feb. 2022 Home Sales | Feb. 2021 Home Sales | % change (Total Home Sales) | Feb. 2022 Median Sales Price | Feb. 2021 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Moreland Hills | 4 | 8 | -50% | $2,000,145 | $327,500 | 510.7% |
| Hunting Valley | 1 | 1 | 0% | $1,600,000 | $1,600,000 | 0% |
| Independence | 1 | 6 | -83.3% | $715,000 | $261,550 | 173.4% |
| Chagrin Falls | 5 | 9 | -44.4% | $444,000 | $315,000 | 41% |
| Pepper Pike | 2 | 4 | -50% | $421,500 | $527,000 | -20% |
| Gates Mills | 1 | 4 | -75% | $407,500 | $404,500 | 0.7% |
| Bay Village | 13 | 12 | 8.3% | $387,500 | $238,500 | 62.5% |
| Highland Heights | 3 | 13 | -76.9% | $367,000 | $228,500 | 60.6% |
| Solon | 11 | 13 | -15.4% | $331,700 | $307,500 | 7.9% |
| Beachwood | 3 | 5 | -40% | $330,000 | $200,000 | 65% |
| Orange | 3 | 3 | 0% | $315,000 | $417,500 | -24.6% |
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