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Saturday, September 13, 2025

Pepper Pike home prices fall in the first quarter of 2020

Webp realestate4

The median sale price of a home sold in the first quarter of 2020 in Pepper Pike fell by $53,000 while total sales decreased by 59.1%, according to BlockShopper.com.

From January through March of 2020, there were nine homes sold, with a median sale price of $414,000 - a 11.3% decrease over the $467,000 median sale price for the same period of the previous year. There were 22 homes sold in Pepper Pike in the first quarter of 2019.

The median sales tax in Pepper Pike for the most recent year with available data, 2016, was $11,132, approximately 2.7% of the median home sale price for the first quarter of 2020.

The following table compares Pepper Pike to other Cuyahoga County cities with similar median sales prices in the first quarter of 2020:

CityJan. - Mar. 2020 Home SalesJan. - Mar. 2019 Home Sales% change (Total Home Sales)Jan. - Mar. 2020 Median Sales PriceJan. - Mar. 2019 Median Sales Price% change (Median Sales Price)
Hunting Valley10-$2,600,000$0-
Bentleyville20-$745,000$0-
Moreland Hills912-25%$455,000$415,0009.6%
Pepper Pike922-59.1%$414,000$467,000-11.3%
Gates Mills6520%$374,999.50$420,000-10.7%
Valley View35-40%$350,000$191,57582.7%
Beachwood28280%$330,306.50$292,25013%
Independence1215-20%$326,750$270,50020.8%
Chagrin Falls1013-23.1%$308,500$270,00014.3%
Orange9812.5%$295,000$297,500-0.8%
Brecksville3850-24%$286,500$236,00021.4%

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