Chesterland, OH—44026
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Chesterland, OH
As of Oct '25, the median home price in Chesterland, OH is $364,000, with a year-over-year change of 5.1%. This indicates that home prices in Chesterland, OH are increasing. According to Zillow, the 1-year price projection is 2.1%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $364,000 | 5.2% |
| Single Family | $364,000 | 4.9% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $274,000 | 9.2% |
3 Bed | $321,000 | 5.6% |
4 Bed | $438,000 | 4.8% |
| 5 Bed | $524,000 | 4.2% |
% of Housing Stock
Rental Trends — Chesterland, OH
As of July '25, Rentcast reports the average rent in Chesterland, OH is $2,150, with a year-over-year rent change of -13.3%. Per bedroom, the median rent as of July '25 in Chesterland, OH is 1-bedrooms: $2,200, 3-bedrooms: $2,100. The most common rental property sizes in Chesterland, OH are 2-bedroom and 3-bedroom, accounting for 42.3% and 32.4% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,100 | $2,150 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $2,200 | $2,200 |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $2,100 | $2,100 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Chesterland, OH
As of Oct '25, Realtor.com reports that the median days on market for a home in Chesterland, OH is 58. This is a increase of 25.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 43.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $432,000 | 18.0% |
Listing Count | 28 | 9.0% |
| Listings as % of Homes | 0.6% | 9.0% |
Days on Market | 58 | 25.0% |
Demographics — Chesterland, OH
As of the latest ACS Survey released in 2023, Chesterland, OH has a population of 10,700, which has decreased by -2.4% over the past 5 years. Chesterland, OH is a moderately popular place for families, as children make up 17.7% of the population. The area has a moderately educated workforce, with 39.9% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 16.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 10,700 | -2.4% |
% Under 18 | 17.7% | -10.2% |
% Seniors | 29.1% | 28.8% |
% WFH | 16.6% | 137.1% |
% w/ College Degree | 39.9% | 5.8% |
As of the latest ACS Survey released in 2023, Chesterland, OH is a predominantly white area, with 91.8% of the population identifying as white. The white population has shrunk by 5.8% in the last 5 years. The second most common race or ethnicity in Chesterland, OH is asian, making up 1.3% of the population. Foreign-born residents account for 4.8% of the population in Chesterland, OH, and this percentage has increased by 11.6% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 91.8% | -5.8% |
% Black | 0.2% | -77.8% |
% Hispanic | 0.2% | -83.3% |
% Asian | 1.3% | 225.0% |
% Foreign Born | 4.8% | 11.6% |
Mortgage and Risk — Chesterland, OH
According to HUD data as of 2023, there were 238 mortgage originations in Chesterland, OH, of which 94.0% of loans were conventional mortgages. The average loan-to-value was 51.0%, with 13.0% above 90% LTV (elevated). This implies medium mortgage risk in Chesterland, 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 | 238 |
% Conventional Loans | 94.0% |
% Government Loans | 6.0% |
% Investor Loans | 1.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 15.0% |
Loan Activity
Rentals and Section 8 — Chesterland, OH
Chesterland, OH lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 8 |
Total Units Section 8 | 8 |
% Rentals under Section 8 | 1.3% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$1,080 | $2,200 | $1,120 |
| 2 Bedroom | N/A | N/A | $1,360 |
| 3 Bedroom | -$350 | $2,100 | $1,750 |
| 4 Bedroom | N/A | N/A | $1,880 |
Affordability — Chesterland, OH
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3 |
| Median Home Price | $364,000 |
| Median Household Income | $107,000 |