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South Cuyahoga News

Thursday, September 11, 2025

August 2021: Chagrin Falls experienced a 24.7% drop in median home prices

Webp realestate1

The median sale price of a home sold in August 2021 in Chagrin Falls fell by $90,000 while total sales decreased by 62.5%, according to BlockShopper.com.

In August 2021, there were three homes sold, with a median sale price of $275,000 - a 24.7% decrease over the $365,000 median sale price for the same period of the previous year. There were eight homes sold in Chagrin Falls in August 2020.

The median sales tax in Chagrin Falls for the most recent year with available data, 2019, was $8,851, approximately 3.2% of the median home sale price for August 2021.

The following table compares Chagrin Falls to other Cuyahoga County cities with similar median sale prices in August 2021:

CityAug. 2021 Home SalesAug. 2020 Home Sales% change (Total Home Sales)Aug. 2021 Median Sales PriceAug. 2020 Median Sales Price% change (Median Sales Price)
Valley View13-66.7%$345,000$129,500166.4%
Solon2339-41%$342,650$332,5003.1%
Brecksville1415-6.7%$337,500$317,0006.5%
Highland Heights412-66.7%$281,150$285,000-1.4%
Moreland Hills35-40%$280,000$515,000-45.6%
Chagrin Falls38-62.5%$275,000$365,000-24.7%
Walton Hills14-75%$269,919$168,00060.7%
Beachwood1316-18.8%$260,000$309,375-16%
Strongsville3950-22%$260,000$240,5008.1%
Fairview Park1726-34.6%$245,000$189,40029.4%
Lakewood4678-41%$244,000$228,0007%

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