Gates Mills

Tucked into Cuyahoga County with a population of just 2,192, this small village maintains one of the most exclusive residential markets in the region. The median home price currently sits at $1,381,250, supported by a price per square foot of $253 and an average home size of 6,550 square feet, reflecting the large estate properties that define the area. With only 12 active listings at any given time, inventory remains tight, which is consistent with a community where 94.3 percent of residents own their homes. The median household income of $175,833 points to a financially stable buyer pool with limited urgency to sell, further constraining supply. Families with children typically attend schools within the Mayfield City School District. Buyers entering this market should expect extended search timelines given the low turnover rate and should be prepared to act decisively when a suitable property does become available.

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