In December 2017, there were 25 homes sold, with a median sale price of $125,000 - a 1.9% decrease over the $127,450 median sale price for the same period of the previous year. There were 24 homes sold in University Heights in December 2016.
The median sales tax in University Heights for the most recent year with available data, 2016, was $6,411, approximately 5.1% of the median home sale price for December 2017.
The following table compares University Heights to other Cuyahoga County cities with similar median sales prices in December 2017:
City | Dec. 2017 Home Sales | Dec. 2016 Home Sales | % change (Total Home Sales) | Dec. 2017 Median Sales Price | Dec. 2016 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Lyndhurst | 27 | 17 | 58.8% | $135,000 | $140,000 | -3.6% |
North Olmsted | 30 | 40 | -25% | $134,250 | $131,000 | 2.5% |
Mayfield Heights | 24 | 23 | 4.3% | $133,750 | $109,000 | 22.7% |
Richmond Heights | 11 | 9 | 22.2% | $132,000 | $118,000 | 11.9% |
Oakwood | 2 | 5 | -60% | $127,500 | $212,000 | -39.9% |
University Heights | 25 | 24 | 4.2% | $125,000 | $127,450 | -1.9% |
Berea | 23 | 23 | 0% | $125,000 | $99,900 | 25.1% |
Olmsted Falls | 11 | 16 | -31.3% | $119,500 | $137,780.50 | -13.3% |
Parma Heights | 26 | 23 | 13% | $104,450 | $90,000 | 16.1% |
Brook Park | 29 | 23 | 26.1% | $102,000 | $109,900 | -7.2% |
Parma | 142 | 123 | 15.4% | $94,500 | $84,500 | 11.8% |