Why Live in South Russell
South Russell is a small village in the Chagrin Valley, Ohio, with a population of just under 4,000 residents. Known for its larger homes and quieter atmosphere compared to its neighbor Chagrin Falls, South Russell is a desirable community featuring highly rated schools. Students attend schools within the Chagrin Falls Exempted Village Schools district, including Gurney Elementary, Chagrin Falls Intermediate Elementary, Chagrin Falls Middle, and Chagrin Falls High, all of which have high ratings and Blue Ribbon Certification. The village experiences significantly less crime than the national average, making it a safer place to live. Homes in South Russell range from quaint ranches to large Tudor and Colonial Revival styles, often situated on spacious lots up to 3 acres, with cul-de-sacs and long driveways leading to attached garages. Local dining options include Burntwood Tavern and The Sleepy Rooster, while nearby shopping can be found at The Triangle in Downtown Chagrin and Solon’s shopping district, featuring both local and national retailers. South Russell Village Park offers 87 acres of green space with walking trails, a playground, and hosts events like the annual Chagrin Jams music festival. The village's layout is driver-centric, with essentials being a drive away and minimal through traffic due to its cul-de-sacs and distance from major highways. Cleveland is about 30 miles west, and Akron is approximately 34 miles south. For Sunday services, residents often visit Federated Church or Saint Joan of Arc in Downtown Chagrin. Golf enthusiasts can enjoy The Golf Dome, a nearby facility offering indoor practice ranges and lessons.
Frequently Asked Questions
What is the average home price in South Russell, OH?
Homes for sale in South Russell, OH have an average home price of $615,551.
How many homes have sold over the last 12 months in South Russell, OH?
31 homes have sold in South Russell, OH over the last 12 months.
What are the most popular zip codes in South Russell, OH?
How much do you need to make to afford a house in South Russell?
The median home price in South Russell is $525,000. If you put a 20% down payment of $105,000 and had a 30-year fixed mortgage with an interest rate of 6.75%, your estimated principal and interest payment would be $2,720 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $117K a year to afford the median home price in South Russell.
How are the schools in South Russell, OH?
Home Trends in South Russell, OH
On average, homes in South Russell, OH sell after 18 days on the market compared to the national average of 51 days. The median sale price for homes in South Russell, OH over the last 12 months is $510,000, up 23% from the median home sale price over the previous 12 months.
Median Sale Price
$510,000
Median Single Family Sale Price
$514,500
Average Price Per Sq Ft
$196
Number of Homes for Sale
4
Last 12 months Home Sales
31
Median List Price
$525,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
23%