Gates Mills

This affluent Cuyahoga County community of 2,192 residents maintains an exclusive real estate market with just 11 active listings currently available. The median home price reaches $1,350,000, reflecting the area's upscale character and desirability among high-income buyers. Properties typically offer substantial living space, averaging 6,725 square feet at $278 per square foot. The community demonstrates remarkable stability with a 94.3% owner-occupied rate, indicating strong resident commitment and limited rental inventory. With a median household income of $175,833, the local demographics align well with the premium housing costs. Families benefit from access to the Mayfield City School District, which serves the educational needs of the community. The limited inventory suggests a tight market where quality properties move quickly when they become available. The substantial average home size and high price point indicate this market caters primarily to luxury buyers seeking spacious properties in an established, well-maintained neighborhood setting.

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