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Chagrin Falls, OH Real Estate


According to census data in the year 2000 there were 2,047 housing units in Chagrin Falls. This represents a 0.3% decline from 2,053 in 1990.

Of those housing units, 2,047 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Chagrin Falls is about 73.1%. Chagrin Falls's vacancy rate, including seasonal lodging, is about 8.9%. Average household size is 2.13 people.

The majority of houses, apartments or condos in Chagrin Falls were built after 1956.

Statistics

Housing Size

Housing Units by Size
Studio Type2.90%
One Bedroom11.50%
Two Bedrooms26.80%
Three Bedrooms33.50%
Four Bedrooms17.80%
Five Bedrooms or more7.50%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.45
Median year structure was built1951
Median Value of occupied units$234,700
Median Price asked for vacant units$122,900

Rented Homes, Apartments and Condos

Average Household Size1.27
Median year structure was built1962
Median Monthly Rent asked for vacant units$1,795

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.70%
Second Mortgage5.90%
Home Equity Loan14.70%
Simple Mortgage51.50%
Debt Free27.10%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs18.5%