Why Live in Gates Mills
Gates Mills, a small community of 2,000 residents, offers a blend of historical charm and spacious living. The village, characterized by colonial-style buildings and vintage lampposts, retains its 19th-century mill town ambiance. Civic clubs, a theater troupe, and a library occupy the non-residential buildings, emphasizing a community-focused atmosphere over commercial development. Homes in Gates Mills are set on large lots, with many properties featuring long driveways leading to Tudor- and colonial-inspired houses, some exceeding 4,000 square feet. The area is known for its affluence, with median home prices significantly higher than surrounding neighborhoods. Students in Gates Mills attend the highly rated Mayfield City School District, starting with Gates Mills Elementary School and continuing to Mayfield Middle School and Mayfield High School, which offers specialized STEAM2M programs. Outdoor enthusiasts can enjoy the Wilson Mills Trailhead, part of the 2,000-acre North Chagrin Reservation, which offers hiking, biking, and winter sledding. Community engagement is strong, with nine clubs organizing events like the July 4 parade and publishing the Pink Sheet newsletter. Dining options within the village are limited but include Sara’s Place, known for its upscale menu. For more extensive shopping and urban amenities, residents can visit nearby Mayfield Heights or travel 20 miles to downtown Cleveland. Gates Mills is safer than the national average, providing a low crime risk environment for its residents.
Home Trends in Gates Mills, OH
On average, homes in Gates Mills, OH sell after 51 days on the market compared to the national average of 50 days. The median sale price for homes in Gates Mills, OH over the last 12 months is $817,500, up 17% from the median home sale price over the previous 12 months.
Median Sale Price
$817,500
Median Single Family Sale Price
$820,000
Median Townhouse Sale Price
$2,100,000
Average Price Per Sq Ft
$213
Number of Homes for Sale
9
Last 12 months Home Sales
43
Median List Price
$894,500
Median Change From 1st List Price
6%
Median Home Sale Price YoY Change
17%