Chardon, OH—44024
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Chardon, OH
As of Oct '25, the median home price in Chardon, OH is $357,000, with a year-over-year change of 4.6%. This indicates that home prices in Chardon, OH are increasing. According to Zillow, the 1-year price projection is 2.2%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $357,000 | 4.6% |
| Single Family | $363,000 | 4.6% |
| Condos | $235,000 | 2.2% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $220,000 | 4.8% |
3 Bed | $328,000 | 5.1% |
4 Bed | $449,000 | 3.9% |
| 5 Bed | $521,000 | 4.2% |
% of Housing Stock
Rental Trends — Chardon, OH
As of July '25, Rentcast reports the average rent in Chardon, OH is $1,910, with a year-over-year rent change of 49.2%. Per bedroom, the median rent as of July '25 in Chardon, OH is 1-bedrooms: $1,370, 2-bedrooms: $1,530, 3-bedrooms: $3,030. The most common rental property sizes in Chardon, OH are 2-bedroom and 1-bedroom, accounting for 29.3% and 29.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,400 | $1,910 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,350 | $1,370 |
| 2 Bed Rent | $1,210 | $1,530 |
| 3 Bed Rent | $3,200 | $3,030 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Chardon, OH
As of Oct '25, Realtor.com reports that the median days on market for a home in Chardon, OH is 47. This is a increase of 1.0% from last year, suggesting that homes are sitting on the market about the same amount of time than last year. The percentage of listed homes with a reduced price is 22.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $452,000 | -2.0% |
Listing Count | 72 | 19.0% |
| Listings as % of Homes | 0.4% | 19.0% |
Days on Market | 47 | 1.0% |
Demographics — Chardon, OH
As of the latest ACS Survey released in 2023, Chardon, OH has a population of 24,400, which has increased by 2.3% over the past 5 years. Chardon, OH is a moderately popular place for families, as children make up 20.2% of the population. The area has a moderately educated workforce, with 35.5% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 13.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 24,400 | 2.3% |
% Under 18 | 20.2% | -5.2% |
% Seniors | 22.6% | 10.2% |
% WFH | 13.0% | 83.1% |
% w/ College Degree | 35.5% | 0.0% |
As of the latest ACS Survey released in 2023, Chardon, OH is a predominantly white area, with 92.1% of the population identifying as white. The white population has shrunk by 2.3% in the last 5 years. The second most common race or ethnicity in Chardon, OH is hispanic, making up 2.7% of the population. Foreign-born residents account for 2.0% of the population in Chardon, OH, and this percentage has decreased by 39.4% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 92.1% | -2.3% |
% Black | 0.7% | -50.0% |
% Hispanic | 2.7% | 8.0% |
% Asian | 0.1% | -75.0% |
% Foreign Born | 2.0% | -39.4% |
Mortgage and Risk — Chardon, OH
According to HUD data as of 2023, there were 547 mortgage originations in Chardon, OH, of which 90.0% of loans were conventional mortgages. The average loan-to-value was 52.0%, with 16.0% above 90% LTV (elevated). This implies medium mortgage risk in Chardon, OH. Investor activity is low, as 1.0% of loans were by investors. 15.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 547 |
% Conventional Loans | 90.0% |
% Government Loans | 10.0% |
% Investor Loans | 1.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 15.0% |
Loan Activity
Rentals and Section 8 — Chardon, OH
Chardon, OH lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 198 |
Total Units Section 8 | 70 |
% Rentals under Section 8 | 6.2% |
% Occupied Section 8 | 74.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$310 | $1,350 | $1,040 |
| 2 Bedroom | $50 | $1,210 | $1,260 |
| 3 Bedroom | -$1,580 | $3,200 | $1,620 |
| 4 Bedroom | N/A | N/A | $1,740 |
Affordability — Chardon, OH
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3 |
| Median Home Price | $357,000 |
| Median Household Income | $105,000 |