Chardon Home Prices & Values

$144,000 Zillow Home Value Index What's This?  
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The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

  • 9.4% 1-year change
  • 1.2% 1-year forecast

The median home value in Chardon is $144,000. Chardon home values have gone up 9.4% over the past year and Zillow predicts they will rise 1.2% within the next year. The median list price per square foot in Chardon is $109, which is higher than the Cleveland Metro average of $88. The median price of homes currently listed in Chardon is $159,000 while the median price of homes that sold is $190,900.

Foreclosures will be a factor impacting home values in the next several years. In Chardon 15.2 homes are foreclosed (per 10,000). This is greater than the Cleveland Metro value of 7.5 and also greater than the national value of 4.8

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Chardon is 5.8%, which is lower than the national value of 7.2%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of Chardon homeowners underwater on their mortgage is 14.2%, which is lower than Cleveland Metro at 23.4%.

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Relative ZHVI
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Chardon Market Overview

Data through May 31, 2014
  • $144,000 ZHVI
  • 1.2% 1-yr forecast What's This?  
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    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more

    (May 31, 2015)
  • $159,000 Median listing price
  • No recent data Median sale price
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Chardon Market Health

Data through May 31, 2014
  • 5.8/10 Healthy What's This?  
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    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.

  • No data Average of days on Zillow
  • 14.2% Homes with negative equity (18.8% US Avg) (Mar 31, 2014)
  • 5.8% Delinquent on mortgage (7.2% US Avg) (Mar 31, 2014)

Homes foreclosed (per 10,000)

15.2 homes Chardon
7.5 homes Cleveland Metro
4.8 homes United States
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Nearby Cities

Name Median ZHVI Name Median ZHVI Name Median ZHVI
Novelty $230,100 Kirtland $221,800 Chesterland $205,500
Newbury $173,500 Huntsburg $160,600 Montville $158,800
Mentor $147,500 Burton $147,200 Painesville $127,500

Listings & Sales

Data through May 31, 2014
  • $109 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 24.1% Listings with price cut
36.4%
Sold below listing
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Chardon Rentals

Data through May 31, 2014
Zillow Rent Index What's This?
Close The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more
$1,234 Chardon
$1,128 Cleveland Metro
$1,310 United States
  • No data Breakeven horizon
  • No data Rent list price
  • No data Rent list price / sq ft
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