From January through March of 2020, there were 55 homes sold, with a median sale price of $156,000 - a 22.8% increase over the $127,000 median sale price for the same period of the previous year. There were 45 homes sold in University Heights in the first quarter of 2019.
The median sales tax in University Heights for the most recent year with available data, 2016, was $6,411, approximately 4.1% of the median home sale price for the first quarter of 2020.
The following table compares University Heights to other Cuyahoga County cities with similar median sales prices in the first quarter of 2020:
| City | Jan. - Mar. 2020 Home Sales | Jan. - Mar. 2019 Home Sales | % change (Total Home Sales) | Jan. - Mar. 2020 Median Sales Price | Jan. - Mar. 2019 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Seven Hills | 30 | 46 | -34.8% | $182,500 | $183,750 | -0.7% |
| Shaker Heights | 79 | 106 | -25.5% | $180,000 | $169,050 | 6.5% |
| Middleburg Heights | 31 | 49 | -36.7% | $180,000 | $167,000 | 7.8% |
| Fairview Park | 39 | 56 | -30.4% | $179,000 | $158,500 | 12.9% |
| North Royalton | 79 | 88 | -10.2% | $165,000 | $143,783 | 14.8% |
| University Heights | 55 | 45 | 22.2% | $156,000 | $127,000 | 22.8% |
| Mayfield Heights | 44 | 55 | -20% | $153,875 | $126,000 | 22.1% |
| North Olmsted | 89 | 112 | -20.5% | $145,000 | $137,000 | 5.8% |
| Lyndhurst | 58 | 72 | -19.4% | $139,350 | $123,625 | 12.7% |
| Berea | 44 | 67 | -34.3% | $137,000 | $140,000 | -2.1% |
| Richmond Heights | 22 | 45 | -51.1% | $134,000 | $115,692 | 15.8% |
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