In June 2018, there were 18 homes sold, with a median sale price of $117,000 - a 17.5% increase over the $99,550 median sale price for the same period of the previous year. There were 12 homes sold in Richmond Heights in June 2017.
The median sales tax in Richmond Heights for the most recent year with available data, 2016, was $3,994, approximately 3.4% of the median home sale price for June 2018.
The following table compares Richmond Heights to other Cuyahoga County cities with similar median sales prices in June 2018:
City | June 2018 Home Sales | June 2017 Home Sales | % change (Total Home Sales) | June 2018 Median Sales Price | June 2017 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Mayfield Heights | 46 | 21 | 119% | $135,000 | $110,000 | 22.7% |
Highland Hills | 1 | 1 | 0% | $134,900 | $86,800 | 55.4% |
Berea | 38 | 26 | 46.2% | $126,750 | $117,450 | 7.9% |
Brook Park | 36 | 21 | 71.4% | $126,345 | $91,700 | 37.8% |
Parma Heights | 33 | 35 | -5.7% | $120,000 | $105,000 | 14.3% |
Richmond Heights | 18 | 12 | 50% | $117,000 | $99,550 | 17.5% |
Parma | 147 | 134 | 9.7% | $115,000 | $107,250 | 7.2% |
Cleveland Heights | 127 | 110 | 15.5% | $114,000 | $94,500 | 20.6% |
Cuyahoga Heights | 2 | 2 | 0% | $110,000 | $110,000 | 0% |
Oakwood | 5 | 4 | 25% | $107,901 | $69,600 | 55% |
Bedford Heights | 12 | 10 | 20% | $103,850 | $48,833.50 | 112.7% |