The story of this market
The typical home in ZIP 44024 sells for about $337,000, or $205 per square foot.
Prices are up +1.21% from a year ago, so sellers still have some momentum. Homes take about 48 days to sell. HUD's fair market rent for a two-bedroom is $1,128 a month.
ZIP 44024 — Chardon
The 44024 housing market remains stable with a median sale price of $425,000 and modest year-over-year growth of 1.21%. Inventory is measured at 67 active listings, suggesting a balanced market that favors neither buyers nor sellers excessively. Demand is driven by the area's reputation for quality schools and a desirable suburban lifestyle, though high interest rates continue to temper overall transaction volume.
This ZIP is ideal for families seeking a high-quality school district and a quiet, semi-rural lifestyle. It is less suited for those requiring proximity to urban transit or investors looking for high-density rental opportunities.
Median prices moved up 1.2% year over year.
Homes spend a median of 48 days on market with 3.2 months of supply — a fast-moving market.
18% of listings have cut prices · homes sell at 98.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.1% · poverty 5.7% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 7.9%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 5.6%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net influx — more people moved in than out
ZCTA 44024, Geauga County, OH
Chardon generally reports lower crime rates compared to the national average, with property crime being the most common concern. The area is considered safe and maintains a suburban, small-town atmosphere.
The Chardon Local School District is highly regarded, consistently receiving strong ratings for academic performance and college readiness. It serves as a primary anchor for families moving into the area.
The region faces moderate risks from winter weather, including heavy lake-effect snow, and occasional severe thunderstorms. Property insurance premiums are generally stable but reflect these seasonal climate exposures.
Economic momentum is driven by local government, education, and healthcare sectors, with steady residential development occurring on the outskirts of the city. Infrastructure improvements focus on maintaining rural connectivity while supporting modest growth.
Property taxes are assessed by Geauga County based on market value, with rates influenced by local school district levies and municipal millage. There are no local income taxes for residents beyond standard state and municipal requirements.
Commuters primarily rely on personal vehicles to access employment hubs in the Greater Cleveland area via US-6 and OH-44. Public transit options are extremely limited, making the area car-dependent.
The area features extensive outdoor amenities including the Geauga Park District trails, local golf courses, and proximity to the scenic Lake Aquilla. The historic Chardon Square serves as a central hub for community events, dining, and local shopping.
The rental market is relatively tight with limited inventory, often dominated by single-family home rentals rather than large apartment complexes. Vacancy pressure remains low due to the high demand for housing in the school district.
The local economy is anchored by the Geauga County government, Chardon Local Schools, and a mix of small-to-medium-sized manufacturing and service businesses. It serves as a regional hub for the surrounding rural townships.
Transportation is dominated by highway corridors like US-6 and OH-44, with no significant public transit infrastructure. Commutes are generally long, reflecting the area's distance from the Cleveland employment core.
Development is primarily focused on low-density residential expansion and the preservation of the historic downtown core. There are no major high-density projects currently in the pipeline.
The Geauga County Auditor manages property assessments, which are updated periodically to reflect market value changes. The county maintains a transparent, formula-based assessment system.
Parcels are subject to school district levies, county-wide taxes, and specific township or municipal fire and emergency service districts.
Property insurance is readily available, though premiums are influenced by the area's susceptibility to heavy winter snowfall and wind events.
Ohio has experienced modest net domestic migration, with suburban areas like Geauga County attracting families from the urban core.
Ohio is a judicial foreclosure state, requiring court intervention to complete the process, which typically results in longer timelines for lenders.
Ohio law requires sellers to provide a Residential Property Disclosure Form, detailing the condition of the home's major systems and known defects.
Data retrieved from data.census.gov ZCTA-level tables.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
The heart of the city featuring local shops, restaurants, and community events.
Extensive network of trails and nature preserves serving the community.
Popular spot for fishing and outdoor recreation.
Key-figure check: median price diverges 26.1% from the nearest retained anchor (published ten-year series (2025)) — beyond the 12.5% tolerance; an automated validation case is open and the value publishes pending its verdict. Research outlier held out — this pass returned a median of $425,000 (26.1% off the retained reading), contradicting every independent anchor; the prior reading stands pending corroboration. Validation: the flagged $425,000 (+26.1% vs the published ten-year series (2025)) could not be independently corroborated and was reverted to the prior cycle value pending review; the case is under review in the Command Center.