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Chagrin Falls

Chagrin Falls

Located in Cuyahoga County

$602,758 Average Value
$217 Average Price per Sq Ft
49 Homes For Sale

The old village in Northeast Ohio

Named after the waterfall at its center, Chagrin Falls is a small village situated atop the Chagrin River. Residents enjoy the perks of having highly-rated schools, a convenient shopping district, scenic views and a strong community spirit.

“People are proud to live here,” says Kelsey Wolf, a realtor with the award winning Karen Eagle Group and Chagrin Falls resident. “Everyone is friendly, and everyone knows each other. They speak and wave to you when you walk by. It’s really as charming as it gets,” she says.

A view of the waterfall in Chagrin Falls.
A view of the waterfall in Chagrin Falls.
An aerial view of the waterfalls in Chagrin Falls.
An aerial view of the waterfalls in Chagrin Falls.
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Shops in Downtown Chagrin

Downtown Chagrin is not just a shopping, dining and event hub, it's a testament to the village's unique character. Around Triangle Park, rows of small shops and restaurants line North Main. “Everyone shops small businesses,” says Wolf. “You'll hardly find any chains. There’s a Starbucks, but it’s mostly locally owned places.”

Community cornerstones include 17 River Grille, Yours Truly and Chagrin Falls Popcorn Shop, which has been serving artisan popcorn for over 70 years. Ample boutiques, bookstores, toy stores, banks and coffee shops are also situated in Downtown Chagrin. “You can grab a coffee from Hartwood, maybe go to the bookstore. There are tons of boutiques and places to grab lunch,” says Wolf.

For essentials, there’s Chagrin Falls Shopping Plaza which is home to Heinen's Grocery Store and CVS.

Downtown Chagrin Falls has many unique shops and restaurants.
Downtown Chagrin Falls has many unique shops and restaurants.
Unique specialty shops line the streets of Chagrin Falls.
Unique specialty shops line the streets of Chagrin Falls.
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Annual events at the Triangle

Chagrin Falls is not just a place to live but a place to celebrate. The Triangle is the heart of annual events, drawing residents and visitors alike. From the magical Christmas tree lighting at Triangle Park to the thrilling popcorn drop during the New Year celebration, there's always something to look forward to. Other highlights include Reunion Weekend for Chagrin High School, The Chagrin Film Fest in October and the Memorial Day weekend celebration.

The historic North Main Street Bridge over the Chagrin River will be under construction for the next two years, but The Chagrin Falls Merchant Association says that residents should expect staple events to continue. They are also looking forward to adding additional events during the bridge construction, including an Antique Crawl and a Street Performer Fest.

Seasonal events and gatherings take place at the Triangle in Chagrin Falls.
Seasonal events and gatherings take place at the Triangle in Chagrin Falls.

Parks, recreation and entertainment

By walking just a couple of blocks north of the Triangle, residents can enjoy the Chagrin Waterfall at Riverside Park. “You can take your kids to the park to feed the ducks or play at the playground,” says Wolf. “There’s also a flight of stairs that takes you down to the waterfall.” Kids can also enjoy tennis or swim camps at the Chagrin Recreation Center.

Riverside Park hosts various festivals in the spring and summer, including Art by the Falls, sponsored by the Valley Art Center. And for indoor entertainment, residents head to the Chagrin Valley Little Theater or Chagrin Valley Roller Rink on South Main Street.

Chagrin Falls residents enjoy feeding the geese at River Run Park.
Chagrin Falls residents enjoy feeding the geese at River Run Park.

Four highly rated schools

Kids start at Gurney Elementary School, which has an A rating on Niche, from Pre-K through 3rd grade. They then progress to Chagrin Falls Intermediate Elementary, which serves 4th- 6th graders and also holds an A. Chagrin Falls Middle, which has an A rating, is the next step for pre-teens. Older teens attend Chagrin Falls High, which also has an A rating and is home to over 28 advanced placement courses. The Intermediate School, Middle School and High School are all Blue Ribbon Certified.

Chagrin Falls High School, Chagrin Falls
Chagrin Falls High School, Chagrin Falls
Gurney Elementary School provides education in the neighborhood of 
South Russell
Gurney Elementary School provides education in the neighborhood of South Russell
Chagrin Falls Middle School, Chagrin Falls
Chagrin Falls Middle School, Chagrin Falls
Chagrin Falls Intermediate Elementary School, Chagrin Falls
Chagrin Falls Intermediate Elementary School, Chagrin Falls
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Quaint craftsman homes

Main cobblestone roads branch off into smooth, paved residential blocks and cul-de-sacs lined with bungalows and craftsman-style homes. Tall established trees contribute to the village’s quaint feel, and paved sidewalks and a compact design make areas walker and biker-friendly.

Single-family homes sell between $280,000 for a three-bed bungalow that needs some TLC to upwards of $1.9 million for a new traditional mini-mansion on a private cul-de-sac. There are also condos and townhouses throughout this village, ranging from $66,000 for an older one-bed to upwards of $1.9 million for a luxury three-bedroom townhouse on the river.

Chagrin Falls features many examples of modern Craftsman-style homes.
Chagrin Falls features many examples of modern Craftsman-style homes.

Commuting to Cleveland and Akron

Those looking for adventure in a bustling city can travel 24 miles north to downtown Cleveland, or 35 miles south to Akron. Highway 422 and I-480 make these commutes seamless. Traffic can be congested during standard commute hours or during weekends, but it’s mostly easily sailing otherwise.

Rt. 422 offers easy access from Chagrin Falls to Cleveland and surrounding communities.
Rt. 422 offers easy access from Chagrin Falls to Cleveland and surrounding communities.

Flood risk management

Reliable flood insurance is a must for residents of this flood-prone village.

A view of the Chagrin River in downtown Chagrin Falls.
A view of the Chagrin River in downtown Chagrin Falls.
Carlos Luevano
Photography Contributed By
Carlos Luevano
Mike Dunleavy
Video By
Mike Dunleavy

Interested in learning more about homes in this area? Reach out to Karen Eagle, an experienced agent in this area.

Agents Specializing in this Area

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Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology

Chagrin Falls Housing Trends

Housing Trends

Median List Price
$567,000
Median Sale Price
$540,000
Median Single Family Sale Price
$580,000
Median Townhouse Sale Price
$617,500
Median 2 Bedroom Sale Price
$343,500
Median Change From 1st List Price
2%
Last 12 months Home Sales
323
Median Home Sale Price YoY Change
-1%
Average Price Per Sq Ft
$217

Neighborhood Facts

Number of Homes for Sale
49
Months of Supply
1.80

Homes for Sale

Homes for Rent

Distribution of Home Values

Source: Public Records

Average Home Value





Source: Public Records

Property Mix - Square Feet

Chagrin Falls Has More Owners

Demographics

Total Population
4,080
Median Age
49
Population under 18
21.2%
On par with the national average
23.8%
Population over 65
25.8%
Above the national average
19.1%

Finances

Median Household Income
$92,725
Above the national average
$71,702
Average Household Income
$133,679

Education and Workforce

High School Graduates
98.5%
College Graduates
65.3%
Significantly above the national average
34.1%
Advanced Degrees
27.6%
Above the national average
13.3%
% Population in Labor Force
63.4%

Weather

Annual Precipitation
45''
Average Winter Low Temperature
19°F
Average Summer High Temperature
81°F
Annual Snowfall
72''

Area Factors

Somewhat Bikeable

Bike Score®®

48 / 100

Very Walkable

Walk Score®®

81 / 100
Source: Walk Score
Source: Walk Score

Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address. CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Chagrin Falls