From October through December of 2019, there were 42 homes sold, with a median sale price of $133,750 - a 8.4% decrease over the $146,000 median sale price for the same period of the previous year. There were 61 homes sold in University Heights in the fourth quarter of 2018.
The median sales tax in University Heights for the most recent year with available data, 2016, was $6,411, approximately 4.8% of the median home sale price for the fourth quarter of 2019.
The following table compares University Heights to other Cuyahoga County cities with similar median sales prices in the fourth quarter of 2019:
| City | Oct. - Dec. 2019 Home Sales | Oct. - Dec. 2018 Home Sales | % change (Total Home Sales) | Oct. - Dec. 2019 Median Sales Price | Oct. - Dec. 2018 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Olmsted Falls | 29 | 39 | -25.6% | $146,000 | $142,000 | 2.8% |
| Richmond Heights | 37 | 47 | -21.3% | $144,000 | $129,900 | 10.9% |
| Mayfield Heights | 51 | 81 | -37% | $141,566 | $130,000 | 8.9% |
| Lyndhurst | 68 | 89 | -23.6% | $139,950 | $140,000 | -0% |
| Brooklyn Heights | 10 | 10 | 0% | $135,000 | $136,500 | -1.1% |
| University Heights | 42 | 61 | -31.1% | $133,750 | $146,000 | -8.4% |
| Oakwood | 9 | 9 | 0% | $129,900 | $117,000 | 11% |
| Brooklyn | 31 | 34 | -8.8% | $120,000 | $98,200 | 22.2% |
| Brook Park | 52 | 84 | -38.1% | $120,000 | $125,000 | -4% |
| Parma | 265 | 401 | -33.9% | $120,000 | $114,900 | 4.4% |
| Parma Heights | 57 | 85 | -32.9% | $114,900 | $115,000 | -0.1% |
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