In April 2018, there were 15 homes sold, with a median sale price of $125,000 - a 31.4% decrease over the $182,250 median sale price for the same period of the previous year. There were eight homes sold in Richmond Heights in April 2017.
The median sales tax in Richmond Heights for the most recent year with available data, 2016, was $3,994, approximately 3.2% of the median home sale price for April 2018.
The following table compares Richmond Heights to other Cuyahoga County cities with similar median sales prices in April 2018:
City | Apr. 2018 Home Sales | Apr. 2017 Home Sales | % change (Total Home Sales) | Apr. 2018 Median Sales Price | Apr. 2017 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Middleburg Heights | 20 | 17 | 17.6% | $143,000 | $149,500 | -4.3% |
Olmsted Falls | 15 | 12 | 25% | $141,000 | $166,000 | -15.1% |
Lyndhurst | 36 | 12 | 200% | $136,500 | $142,000 | -3.9% |
Mayfield Heights | 33 | 17 | 94.1% | $129,900 | $127,500 | 1.9% |
University Heights | 21 | 10 | 110% | $128,500 | $161,750 | -20.6% |
Richmond Heights | 15 | 8 | 87.5% | $125,000 | $182,250 | -31.4% |
Berea | 23 | 24 | -4.2% | $125,000 | $111,000 | 12.6% |
Cuyahoga Heights | 2 | 1 | 100% | $116,725 | $107,000 | 9.1% |
Parma | 124 | 68 | 82.4% | $110,000 | $103,750 | 6% |
Brook Park | 27 | 21 | 28.6% | $110,000 | $123,000 | -10.6% |
Parma Heights | 32 | 10 | 220% | $110,000 | $113,450 | -3% |