In October 2017, there were 12 homes sold, with a median sale price of $144,000 - a 25.2% increase over the $115,000 median sale price for the same period of the previous year. There were 17 homes sold in Richmond Heights in October 2016.
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 October 2017.
The following table compares Richmond Heights to other Cuyahoga County cities with similar median sales prices in October 2017:
| City | Oct. 2017 Home Sales | Oct. 2016 Home Sales | % change (Total Home Sales) | Oct. 2017 Median Sales Price | Oct. 2016 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Chagrin Falls | 9 | 10 | -10% | $157,000 | $242,500 | -35.3% |
| North Royalton | 38 | 38 | 0% | $156,250 | $124,000 | 26% |
| Middleburg Heights | 25 | 23 | 8.7% | $150,000 | $135,900 | 10.4% |
| Lakewood | 81 | 81 | 0% | $148,000 | $144,000 | 2.8% |
| North Olmsted | 53 | 36 | 47.2% | $145,000 | $128,063.50 | 13.2% |
| Richmond Heights | 12 | 17 | -29.4% | $144,000 | $115,000 | 25.2% |
| Mayfield Heights | 27 | 23 | 17.4% | $137,000 | $123,500 | 10.9% |
| Olmsted Falls | 17 | 24 | -29.2% | $135,000 | $115,000 | 17.4% |
| Berea | 26 | 26 | 0% | $127,500 | $121,000 | 5.4% |
| University Heights | 18 | 25 | -28% | $122,500 | $135,000 | -9.3% |
| Oakwood | 4 | 5 | -20% | $122,000 | $65,000 | 87.7% |
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