Gates Mills

Situated in Cuyahoga County, this small incorporated village of roughly 2,192 residents carries one of the highest median home prices in the region at $1,300,000, with an average home size of 6,181 square feet and a price per square foot of $248. The current market shows 15 active listings, reflecting the limited inventory that typically characterizes low-density, high-value communities. A 94.3% owner-occupied rate signals strong residential stability and long-term homeowner commitment, while the median household income of $175,833 aligns with the premium price points seen across the village. Properties here tend to be large, estate-style homes set on generous lots, which accounts for the relatively accessible price per square foot despite the high overall median. Families with school-age children are served by Mayfield City School District. Buyers entering this market should expect limited turnover, competitive positioning on well-maintained properties, and a pool of financially qualified purchasers.

Market description generated from current MLS and U.S. Census data.