Gates Mills, OH
Full City Profile · Ohio · Cuyahoga County County
4.2
/5.0
A
Great
2,192
Population
244/sq mi density
$175,833
Median Income
$125,823 per capita
$651,600
Home Value
$741,547 Zillow
$2,000
Median Rent
22.0% income on rent
50°F
Avg Temperature
275 sunny days/yr
A
Overall
4.2 / 5.0
Strong
A+
Economy
4.9 / 5.0
$175,833 median income, 2.4% unemployment
A+
Affordability
4.6 / 5.0
$651,600 home value, $2,000/mo rent
C+
Safety
2.5 / 5.0
0 violent crimes/100K
A+
Education
5.0 / 5.0
74.5% bachelor's degree or higher
Housing Overview
Median Home Value
$651,600
131% above
US avg: $281,900
Median Rent
$2,000/mo
72% above
US avg: $1,163/mo
Homeownership Rate
94.3%
44% above US avg (65.4%)
Total Housing Units
849
Median year built: 1964
Home Value by Source
Census Median
$651,600
Zillow (ZHVI)
$741,547
Median Sale Price
$475,000
Median List Price
$1,900,000
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
94.3%
Owner-Occupied
5.7%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$816/mo
1 Bedroom
$873/mo
2 Bedroom
$1,092/mo
3 Bedroom
$1,388/mo
4 Bedroom
$1,550/mo
Census median rent:
$2,000/mo
Market Indicators (Redfin)
Median Days on Market
5 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
1
Price Drops
28.6%
of listings with price reduction
Price Per Sq Ft
$272
Active Inventory
7
homes for sale
Affordability & Housing Stock
Rent Burden
22.0%
of renters spending 30%+ of income on housing
29% below US avg (31.0%)
Median Year Built
1964
Average age of housing stock: 62 years
Homeownership Rate
94.3%
Complete Housing Data
Home Values
| Census Median Value | $651,600 |
| Zillow Home Value (ZHVI) | $741,547 |
| Median Sale Price | $475,000 |
| Median List Price | $1,900,000 |
| Price Per Sq Ft | $272 |
Rent
| Census Median Rent | $2,000 |
| FMR Studio | $816 |
| FMR 1-Bedroom | $873 |
| FMR 2-Bedroom | $1,092 |
| FMR 3-Bedroom | $1,388 |
| FMR 4-Bedroom | $1,550 |
Market
| Days on Market | 5 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 28.6% |
| Homes Sold | 1 |
| Active Inventory | 7 |
| Price Per Sq Ft | $272 |
Ownership & Stock
| Owner-Occupied | 94.3% |
| Renter-Occupied | 5.7% |
| Homeownership Rate | 94.3% |
| Total Housing Units | 849 |
| Median Year Built | 1964 |
| Rent Burden | 22.0% |
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