From October through December of 2017, there were eight homes sold, with a median sale price of $290,000 - a 48.6% increase over the $195,100 median sale price for the same period of the previous year. There were 12 homes sold in Mayfield in the fourth quarter of 2016.
The median sales tax in Mayfield for the most recent year with available data, 2016, was $5,906, approximately 2% of the median home sale price for the fourth quarter of 2017.
The following table compares Mayfield to other Cuyahoga County cities with similar median sales prices in the fourth quarter of 2017:
| City | Oct. - Dec. 2017 Home Sales | Oct. - Dec. 2016 Home Sales | % change (Total Home Sales) | Oct. - Dec. 2017 Median Sales Price | Oct. - Dec. 2016 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Hunting Valley | 8 | 0 | - | $911,250 | $0 | - |
| Gates Mills | 11 | 12 | -8.3% | $530,000 | $325,000 | 63.1% |
| Bentleyville | 4 | 1 | 300% | $437,250 | $510,000 | -14.3% |
| Pepper Pike | 20 | 29 | -31% | $331,500 | $332,500 | -0.3% |
| Orange | 11 | 17 | -35.3% | $295,000 | $260,000 | 13.5% |
| Mayfield | 8 | 12 | -33.3% | $290,000 | $195,100 | 48.6% |
| Moreland Hills | 16 | 23 | -30.4% | $281,250 | $312,500 | -10% |
| Chagrin Falls | 28 | 22 | 27.3% | $260,000 | $242,500 | 7.2% |
| Solon | 76 | 93 | -18.3% | $260,000 | $249,500 | 4.2% |
| Beachwood | 38 | 44 | -13.6% | $252,475 | $246,750 | 2.3% |
| Bratenahl | 24 | 11 | 118.2% | $230,000 | $124,000 | 85.5% |
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