Chardon's real estate market entered the final quarter of 2026 with a compelling contrast, fewer completed sales than in August, a higher median single-family sale price, and several transactions that demonstrated just how decisively buyers will act when a property's price and perceived value align.
October's closed transactions included everything from modest homes requiring renovation to expansive residences situated on substantial acreage. At the highest end of the market, a property on Bean Road closed for nearly $1.7 million, reinforcing the breadth of housing opportunities associated with the Chardon area.
For homeowners considering selling, however, the most valuable information is found beyond the headline prices.
The October transactions demonstrate that buyer competition remained possible, particularly for properties offering compelling value, desirable land, or distinctive features. At the same time, other homes required extended marketing periods, price reductions, or negotiated seller concessions.
Understanding why those outcomes differed is far more important than relying on a single market average.
Chardon Real Estate Market Intelligence: August–October 2026
Market Indicator | August 2026 | September 2026 | October 2026 |
|---|---|---|---|
Total Residential Closings | 23 | — | 22 |
Conventional Single-Family Closings | 20 | — | 21 |
Median Conventional Sale Price | $399,500 | — | $443,575 |
Median Conventional Days on Market | 10 | — | 20 |
Total Closed Sales Volume | $9.08M | — | $10.43M |
Manufactured-Home Closings | 2 | — | 1 |
Condominium Closings | 1 | — | 0 |
Conventional Homes Sold At or Above Final Asking Price | 12 | — | 13 |
The figures include October residential closings with Chardon, Ohio 44024 mailing addresses, including surrounding townships. August follows the same previously established mailing-address scope. September figures are intentionally omitted pending verification against the prior MLS report. Manufactured homes are excluded from conventional single-family pricing and marketing-time calculations.
October's Sales Activity Revealed a Market With Two Very Different Speeds
October recorded 22 residential closings, compared with 23 in August. The total number of transactions was relatively similar, but October's completed sales represented approximately $10.43 million in volume, compared with approximately $9.08 million in August.
That increase in dollar volume was influenced by the particular homes sold, including an exceptional transaction exceeding $1.6 million.
The conventional single-family median sale price increased from $399,500 in August to $443,575 in October.
Although that represents an increase of approximately 11% between the two observed months, it should not be interpreted as an equivalent increase in the value of every Chardon property. Monthly median prices are influenced by the mix of properties reaching closing, including their size, condition, acreage, features, and price range.
This distinction is particularly important in the Chardon area, where residential properties can vary dramatically.
A home near historic Chardon Square competes in a different segment from a custom residence on several acres in Munson Township. A traditional ranch in Hambden Township may attract a different buyer audience than a larger estate property with substantial land.
Those distinctions matter when determining what a specific property is worth and how it should be positioned for sale.
The $1.7 Million Sale That Defined Chardon's October Market
October's highest recorded transaction was 11969 Bean Road, which closed for $1,699,900.
Situated on approximately 27.41 acres in Munson Township, the property represented a significantly different offering from the typical residential transaction in the Chardon mailing area.
The home closed at its reported asking price after 35 days on market.
That sale illustrates why unusual or higher-value properties deserve their own competitive analysis rather than being evaluated against broad averages.
At the upper end of the market, buyers may place substantial value on acreage, privacy, architectural character, outbuildings, property versatility, and the scarcity of comparable opportunities.
The appropriate pricing strategy must consider those characteristics alongside the available alternatives a qualified buyer could purchase.
October's high end activity was not limited to the Bean Road transaction.
At 11280 Beechnut Lane in Munson Township, a residence closed for $850,000 after originally entering the market at $950,000. The property recorded 168 days on market and ultimately closed below its final asking price of $900,000.
Meanwhile, 15010 Bates Creek Drive in Hambden Township closed for $749,999 at asking after 50 reported days on market.
Together, these transactions reveal a market where higher priced properties continued to find buyers, but their individual marketing experiences varied substantially.
An exceptional property can command a significant price while still requiring careful positioning and an understanding of a relatively specialized buyer audience.
Notable Chardon-Area Residential Closings — October 2026
Property | Closed Price |
|---|---|
11969 Bean Road | $1,699,900 |
11280 Beechnut Lane | $850,000 |
15010 Bates Creek Drive | $749,999 |
11735 Tall Pines Drive | $600,000 |
10555 Sawmill Drive | $590,000 |
9655 Fox Meadow Lane | $575,000 |
11499 Twin Mills Lane | $549,900 |
9937 Cutts Road | $538,000 |
These properties have Chardon mailing addresses and are located in surrounding township jurisdictions. Figures reflect October MLS closed transactions.
Some Homes Generated Immediate Competition
While several October properties experienced longer marketing periods, other transactions demonstrated that buyers were willing to compete when they recognized an attractive opportunity.
At 11735 Tall Pines Drive in Munson Township, a property listed for $539,900 closed for $600,000 after just four reported days on market.
That represents a closing price approximately $60,100 above asking.
At 9655 Fox Meadow Lane in Chardon Township, a residence listed for $525,000 closed for $575,000 after six reported days on market.
Another strong result occurred at 9937 Cutts Road in Hambden Township. The property was listed for $499,900 and closed at $538,000, with four reported days on market.
These sales demonstrate the importance of understanding the relationship between asking price and buyer perception.
A property can generate competitive attention when buyers recognize a favorable combination of features, condition, location, and value relative to other available opportunities.
However, these results do not mean every seller should deliberately underprice a home.
The appropriate strategy depends on the individual property, competitive inventory, likely buyer audience, and whether the asking price is supported by current market evidence.
Negotiation Remained an Important Part of October's Market
Across the 21 conventional single-family transactions, eight homes closed above their final asking prices, five closed at asking, and eight closed below.
That means approximately 62% of conventional single-family sales achieved at least their final asking prices.
The average individual sale-to-final-list-price ratio was approximately 100.7%.
Those figures demonstrate that buyer competition remained present within the market, even though individual properties experienced substantially different outcomes.
The difference becomes especially clear when comparing the faster-moving properties with homes requiring longer marketing periods.
The Beechnut Lane property closed below its original and final asking prices after 168 reported days on market.
At 11335 Woodie Glen Drive in Chardon Township, a property originally listed for $599,900 eventually closed for $515,000, following a reduction to a final asking price of $549,900.
These transactions do not necessarily indicate that the properties lacked desirable characteristics. They illustrate that even appealing homes can face pricing resistance when buyers perceive the asking price to be above the available alternatives.
For sellers, the first pricing decision can influence the entire marketing process.
The goal is not simply to establish an ambitious number. It is to identify the price and presentation strategy most likely to generate meaningful buyer interest and produce a successful negotiation.
Acreage Was a Defining Feature in Several October Sales
One of the most distinctive characteristics of Chardon's housing market is the availability of residential properties offering meaningful amounts of land.
October's transactions illustrated that appeal across multiple price ranges.
The Bean Road property offered approximately 27.41 acres, while the residence on High Country Drive in Hambden Township was situated on approximately 14.14 acres and closed for $461,000.
The Cutts Road transaction included approximately 5.35 acres, and the Bates Creek Drive property offered approximately 4.08 acres.
Other higher-priced properties featured parcels between approximately two and three acres.
Acreage, however, does not have a uniform value.
Buyers may consider usability, topography, wooded areas, access, privacy, improvements, potential restrictions, utilities, and maintenance obligations.
Two properties with similar acreage can appeal to very different audiences depending on their characteristics.
For homeowners selling a property with significant land, understanding the land's role in the overall value proposition is essential.
That requires more than simply multiplying the number of acres by an assumed price.
Chardon Square and Traditional Neighborhood Homes Followed Their Own Market Patterns
Not every October transaction involved an estate or acreage property.
Several sales reflected the traditional residential neighborhoods that contribute to Chardon's character and appeal.
At 204 Water Street, a four-bedroom bungalow near historic Chardon Square closed for $332,500 after being listed for $329,999, with just one reported day on market.
The property offered the architectural character of an older home alongside substantial updates, including improvements to major systems and interior spaces.
At 103 Saw Mill Bend, a residence closed for $356,000 after being listed for $374,900, with 12 reported days on market.
A property at 116 Fifth Avenue closed for $130,000 and was marketed as an as-is renovation opportunity.
These transactions demonstrate that there are multiple buyer audiences within the broader Chardon market.
Some buyers prioritize proximity to Chardon Square, neighborhood character, and everyday convenience. Others focus on the ability to personalize a property, while another segment values additional acreage and privacy.
Understanding which buyers are most likely to respond to a particular home is central to establishing an effective marketing approach.
Seller Concessions Reveal What Closing Prices Alone Cannot
October's MLS transactions reported at least $64,175 in seller-paid closing costs across eight sales.
That distinction matters because the recorded closing price does not always reflect the seller's proceeds after negotiated concessions and expenses.
At 9875 Mentor Road, a property closed for $340,000 with $16,000 in seller paid closing costs.
At 361 Hidden Feather Drive, the recorded closing price was $443,575, with reported seller paid costs of $15,525.
The residence on Twin Mills Lane closed for $549,900 with $10,000 in seller paid costs.
These examples illustrate why homeowners should avoid evaluating comparable transactions solely by the price appearing in public sales records.
Original asking prices, subsequent reductions, closing costs, financing arrangements, property condition, and marketing periods can all influence the interpretation of a sale.
A thorough comparative market analysis considers those details before drawing conclusions about an individual property's value.
What October's Results Mean for Chardon Homeowners Considering Selling
The October data presents a market with continued opportunities for homeowners, but one in which results depend heavily on the property's individual characteristics and market position.
Some homes achieved significant premiums over asking price, while others required reductions or seller concessions.
Higher-priced estate properties continued to find buyers, but the time and negotiation required to complete those sales differed substantially.
Traditional neighborhood homes, rural residences, properties offering first floor living, and homes with significant acreage each attracted buyers with different priorities.
That diversity is part of what makes the Chardon area distinctive.
It also means that successful pricing requires careful attention to property type, municipal jurisdiction, school district, condition, land characteristics, and comparable competition.
The most useful question for a seller is not simply whether Chardon home prices increased in October.
It is how their particular property compares with the homes buyers are evaluating today.
The Value of Planning Before You List
For homeowners thinking about selling in the coming months, October's results reinforce the advantage of preparation.
That preparation begins with understanding what buyers are willing to pay for and how a property should be presented within its specific price segment.
In some cases, modest improvements to presentation and condition may strengthen buyer response. In others, investing heavily in renovations may not produce the financial return a seller expects.
For acreage properties, the emphasis may be on communicating privacy, land features, accessibility, and the opportunities associated with the setting.
For homes near Chardon Square, architectural character, condition, floor plan, and proximity to everyday amenities may play a greater role.
For larger or more distinctive residences, a carefully developed marketing strategy should communicate the qualities that distinguish the property from its competition.
The objective is to enter the market with a clear plan, realistic expectations, and the strongest possible understanding of the buyer audience.
Thinking About Selling Your Home in Chardon, Ohio?
Chardon's October sales demonstrate that meaningful opportunities remain available across a remarkably diverse residential market.
But understanding what a home is worth requires more than following monthly averages or relying on an automated valuation.
Mark and Denise Zervos, founders of The Luxury Home Experts at Platinum Real Estate, bring decades of real estate experience, extensive Northeast Ohio market knowledge, and a strategic approach to pricing, presentation, marketing, and negotiation.
Whether you're considering selling a traditional residence near Chardon Square, a ranch offering convenient first floor living, a home on acreage, or a distinctive luxury property, our approach begins with understanding your property's individual competitive position.
Before deciding what your Chardon-area home is worth, or investing in improvements you may not need, let's discuss what the latest Market Intelligence means for your property and your next move.
Mark & Denise Zervos
The Luxury Home Experts at Platinum Real Estate
216-990-2100 | 239-264-1100
Global Reach. Local Roots.
Market Data & Sources
October 2026: MLS closed residential transactions with Chardon, Ohio 44024 mailing addresses, covering October 1–31, 2026. Report prepared November 4, 2026. The dataset contains 22 unique transactions, including 21 conventional single-family residences and one manufactured home on leased land.
The report covers the Chardon mailing-address market, not exclusively the City of Chardon. Transactions include properties in the City of Chardon, Chardon Township, Munson Township, Hambden Township, Claridon Township, Newbury Township, and Montville Township. Two transactions were in school districts other than Chardon Local Schools.
August 2026: Previously prepared Chardon Real Estate Market Intelligence analysis, using the same Chardon 44024 mailing-address scope.
September figures have been omitted from the comparison table because the previous month's complete dataset has not yet been reverified.
Conventional single-family statistics exclude the $10,500 manufactured-home transaction. Days on market reflect reported MLS DOM. Sale-to-list-price ratios compare recorded closing prices with final asking prices.
Seller-paid closing costs are reported separately and are not deductions from recorded closing prices in the market statistics. The concession total represents amounts disclosed in the available MLS records.
Monthly changes reflect the mix of properties sold and should not be interpreted as direct changes in individual property values. MLS information is believed reliable but is not guaranteed and may be subject to subsequent corrections.
