In January 2020, there were six homes sold, with a median sale price of $127,625 - a 30.9% increase over the $97,500 median sale price for the same period of the previous year. There were 20 homes sold in Richmond Heights in January 2019.
The median sales tax in Richmond Heights for the most recent year with available data, 2016, was $3,994, approximately 3.1% of the median home sale price for January 2020.
The following table compares Richmond Heights to other Cuyahoga County cities with similar median sales prices in January 2020:
| City | Jan. 2020 Home Sales | Jan. 2019 Home Sales | % change (Total Home Sales) | Jan. 2020 Median Sales Price | Jan. 2019 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| University Heights | 11 | 16 | -31.3% | $139,900 | $124,000 | 12.8% |
| Berea | 15 | 19 | -21.1% | $139,000 | $133,500 | 4.1% |
| Mayfield Heights | 10 | 18 | -44.4% | $137,000 | $130,250 | 5.2% |
| Highland Hills | 1 | 0 | - | $132,900 | $0 | - |
| Brook Park | 8 | 19 | -57.9% | $132,450 | $119,000 | 11.3% |
| Richmond Heights | 6 | 20 | -70% | $127,625 | $97,500 | 30.9% |
| Parma | 55 | 77 | -28.6% | $124,900 | $103,000 | 21.3% |
| Parma Heights | 16 | 20 | -20% | $107,500 | $118,950 | -9.6% |
| Middleburg Heights | 8 | 17 | -52.9% | $100,500 | $167,000 | -39.8% |
| North Royalton | 20 | 29 | -31% | $96,510 | $142,666 | -32.4% |
| Olmsted Falls | 6 | 11 | -45.5% | $89,000 | $147,500 | -39.7% |
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