In January 2018, there were 10 homes sold, with a median sale price of $141,500 - a 14.6% increase over the $123,450 median sale price for the same period of the previous year. There were nine homes sold in Richmond Heights in January 2017.
The median sales tax in Richmond Heights for the most recent year with available data, 2016, was $3,994, approximately 2.8% of the median home sale price for January 2018.
The following table compares Richmond Heights to other Cuyahoga County cities with similar median sales prices in January 2018:
City | Jan. 2018 Home Sales | Jan. 2017 Home Sales | % change (Total Home Sales) | Jan. 2018 Median Sales Price | Jan. 2017 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Fairview Park | 20 | 16 | 25% | $161,500 | $141,500 | 14.1% |
Middleburg Heights | 11 | 8 | 37.5% | $150,000 | $162,450 | -7.7% |
Olmsted Township | 8 | 11 | -27.3% | $148,250 | $150,000 | -1.2% |
Shaker Heights | 33 | 35 | -5.7% | $145,000 | $129,900 | 11.6% |
Seven Hills | 10 | 20 | -50% | $141,875 | $160,400 | -11.5% |
Richmond Heights | 10 | 9 | 11.1% | $141,500 | $123,450 | 14.6% |
Lakewood | 80 | 43 | 86% | $141,200 | $157,000 | -10.1% |
Lyndhurst | 21 | 14 | 50% | $137,000 | $113,750 | 20.4% |
North Olmsted | 29 | 32 | -9.4% | $135,000 | $114,450 | 18% |
University Heights | 19 | 21 | -9.5% | $128,500 | $125,000 | 2.8% |
North Royalton | 25 | 24 | 4.2% | $124,485 | $108,375 | 14.9% |