What is the median home value in Gates Mills, OH?
The median value of owner-occupied homes in Gates Mills, OH is $743,400 (±$99,167), as owners estimated it in the Census Bureau’s 2020–2024 American Community Survey.
In Gates Mills, the median home value went from $505,100 in 2015–2019 to $743,400 in 2020–2024 (+47.2%).
Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.
Figures last updated on .
- Median home value
- $743,400 (±$99,167)
- Owner-occupied homes
- 820 (±61)
- Most common range
- $500,000 to $999,999
Home values in Gates Mills
| Value | Gates Mills | Cuyahoga County | Ohio | United States |
|---|---|---|---|---|
| Less than $50,000 | 0.9% (±1.1 points) | 6.7% | 6.3% | 5.3% |
| $50,000 to $99,999 | 0.7% (±1.0 points) | 12.2% | 10.0% | 6.1% |
| $100,000 to $149,999 | 0.9% (±1.2 points) | 15.3% | 13.4% | 6.8% |
| $150,000 to $199,999 | 0.7% (±0.9 points) | 17.1% | 16.3% | 9.0% |
| $200,000 to $299,999 | 6.0% (±4.7 points) | 22.1% | 23.3% | 17.8% |
| $300,000 to $499,999 | 18.3% (±6.0 points) | 18.4% | 21.8% | 26.9% |
| $500,000 to $999,999 | 42.4% (±7.8 points) | 7.0% | 7.7% | 20.9% |
| $1,000,000 or more | 30.1% (±8.6 points) | 1.2% | 1.2% | 7.1% |
The most common range is $500,000 to $999,999, 42.4% of owned homes.
Value is the owner’s own estimate of what the home and lot would sell for, not a sale price or an assessment.
Gates Mills against Cuyahoga County, its state and the nation
| Gates Mills | Cuyahoga County | Ohio | United States | |
|---|---|---|---|---|
| Median home value | $743,400 (±$99,167) | $195,400 (±$1,919) | $214,800 (±$742) | $332,700 |
| Owner-occupied homes | 820 (±61) | 329,173 (±2,737) | 3,267,904 (±16,882) | 84,210,142 |
In Gates Mills, the median home value is higher than in Cuyahoga County ($195,400).
It is also higher than in Ohio ($214,800).
It is higher than the national figure ($332,700).
In Cuyahoga County, Gates Mills ranks 3 of 59 places with a published estimate, from highest to lowest median home value.
Statewide, it ranks 8 of 2,341.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How home values in Gates Mills have changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median home value | $505,100 (±$57,419) | $743,400 (±$99,167) | +47.2% | Up after inflation |
| Median owner cost with a mortgage | $3,094 (±$433) | $3,904 (±$405) | +26.2% | No measurable change after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Median home value in places near Gates Mills
| Place | Distance | Median home value | Compared with this place |
|---|---|---|---|
| Gates Mills | — | $743,400 (±$99,167) | — |
| Mayfield | 1.6 mi | $311,900 (±$29,743) | Lower |
| Mayfield Heights | 2.4 mi | $205,200 (±$7,429) | Lower |
| Chesterland | 2.8 mi | $297,800 (±$25,328) | Lower |
| Hunting Valley | 3.2 mi | $1,511,400 (±$243,699) | Higher |
| Highland Heights | 3.3 mi | $371,400 (±$28,161) | Lower |
| Chester Township (Geauga County) | 3.6 mi | $320,800 (±$24,899) | Lower |
| Willoughby Hills | 3.8 mi | $328,600 (±$44,932) | Lower |
| Pepper Pike | 4.4 mi | $579,600 (±$39,546) | Lower |
Nearby places with a measurably lower figure: Mayfield, OH ($311,900), Mayfield Heights, OH ($205,200), Chesterland, OH ($297,800).
Nearby places with a measurably higher figure: Hunting Valley, OH ($1,511,400).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median home value across Cuyahoga County, place by place
| Rank | Place | Median home value |
|---|---|---|
| 1 | Hunting Valley | $1,511,400 (±$243,699) |
| 2 | Bentleyville | $748,000 (±$92,796) |
| 3 | Gates Mills | $743,400 (±$99,167) |
| 4 | Moreland Hills | $621,900 (±$62,381) |
| 5 | Pepper Pike | $579,600 (±$39,546) |
| 6 | Chagrin Falls Township | $445,300 (±$27,483) |
| 7 | Orange | $442,300 (±$31,630) |
| 8 | Chagrin Falls | $440,700 (±$26,816) |
| 9 | Bratenahl | $411,900 (±$41,829) |
Showing 9 of 59 places in Cuyahoga County, ranked from highest to lowest.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
What you can do on Seayora in Gates Mills
One account for renting, owning, managing and fixing homes, with these figures beside you.
Own or manage a rental?
List it, sign the lease and collect rent online, with the figures for Gates Mills beside you.
Create a landlord account · See what landlords get
Looking for a place to rent?
Browse homes for rent near Gates Mills, save the ones you like and apply online.
Browse rentals · Create a renter account
Do repairs, renovations or maintenance?
Get found by owners and renters near Gates Mills, and send estimates and invoices from your phone.
Questions about Gates Mills
What is the average home value in Gates Mills, OH?
The Census Bureau publishes the median: $743,400 (±$99,167) for owner-occupied homes in Gates Mills (2020–2024 American Community Survey).
Have home values in Gates Mills gone up?
In Gates Mills, the median home value went from $505,100 in 2015–2019 to $743,400 in 2020–2024 (+47.2%).
Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.
Is this what homes in Gates Mills sell for?
No: it is the value owners reported, which tends to lag the market; recent sale prices and an appraisal answer that question.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Gates Mills village, Ohio
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Gates Mills village, Ohio
- Median Selected Monthly Owner Costs (B25088), 2015–2019 ACS 5-year estimates — Gates Mills village, Ohio
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2015–2019 ACS 5-year estimates — Gates Mills village, Ohio
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Gates Mills village, Ohio (place:29498, in state:39).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B25077_001E, B25077_001M, B25088_002E, B25088_002M, B25103_001E, B25103_001M from the 2019 release.
The API needs a free key.
DP04_0089E, DP04_0089M, DP04_0046E, DP04_0046M, DP04_0081PE, DP04_0081PM, DP04_0082PE, DP04_0082PM, DP04_0083PE, DP04_0083PM, DP04_0084PE, DP04_0084PM, DP04_0085PE, DP04_0085PM, DP04_0086PE, DP04_0086PM, DP04_0087PE, DP04_0087PM, DP04_0088PE, DP04_0088PM
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
- Housing in Gates Mills at a glance
- Income and affordability in Gates Mills
- Homeowner costs in Gates Mills
- Property taxes in Gates Mills
- Types of homes in Gates Mills
- Age of homes in Gates Mills
- Heating fuel in Gates Mills
- Commute and cars in Gates Mills
- Population growth in Gates Mills
- Fair Market Rent in Gates Mills
- Ohio landlord and tenant rules
- Housing across Cuyahoga County
- Ohio places ranked by median home value
- Housing data for every place in Ohio