In February 2020, there were six homes sold, with a median sale price of $153,500 - a 27.9% increase over the $120,000 median sale price for the same period of the previous year. There were 15 homes sold in Richmond Heights in February 2019.
The median sales tax in Richmond Heights for the most recent year with available data, 2016, was $3,994, approximately 2.6% of the median home sale price for February 2020.
The following table compares Richmond Heights to other Cuyahoga County cities with similar median sales prices in February 2020:
| City | Feb. 2020 Home Sales | Feb. 2019 Home Sales | % change (Total Home Sales) | Feb. 2020 Median Sales Price | Feb. 2019 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Seven Hills | 11 | 15 | -26.7% | $180,000 | $138,000 | 30.4% |
| Olmsted Township | 5 | 7 | -28.6% | $179,900 | $224,000 | -19.7% |
| Middleburg Heights | 11 | 21 | -47.6% | $175,000 | $167,000 | 4.8% |
| North Royalton | 25 | 27 | -7.4% | $163,000 | $119,000 | 37% |
| Walton Hills | 1 | 1 | 0% | $160,000 | $199,900 | -20% |
| Richmond Heights | 6 | 15 | -60% | $153,500 | $120,000 | 27.9% |
| Fairview Park | 16 | 22 | -27.3% | $152,000 | $142,500 | 6.7% |
| Olmsted Falls | 7 | 9 | -22.2% | $147,500 | $129,500 | 13.9% |
| Mayfield Heights | 17 | 18 | -5.6% | $145,000 | $122,250 | 18.6% |
| University Heights | 16 | 12 | 33.3% | $144,250 | $153,450 | -6% |
| Lyndhurst | 20 | 18 | 11.1% | $142,500 | $132,500 | 7.5% |
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