In September 2017, there were three homes sold, with a median sale price of $583,775 - a 9.6% increase over the $532,500 median sale price for the same period of the previous year. There were two homes sold in Gates Mills in September 2016.
The median sales tax in Gates Mills for the most recent year with available data, 2016, was $14,239, approximately 2.4% of the median home sale price for September 2017.
The following table compares Gates Mills to other Cuyahoga County cities with similar median sales prices in September 2017:
| City | Sept. 2017 Home Sales | Sept. 2016 Home Sales | % change (Total Home Sales) | Sept. 2017 Median Sales Price | Sept. 2016 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Hunting Valley | 2 | 0 | - | $3,107,500 | $0 | - |
| Gates Mills | 3 | 2 | 50% | $583,775 | $532,500 | 9.6% |
| Bentleyville | 2 | 2 | 0% | $518,000 | $680,000 | -23.8% |
| Moreland Hills | 6 | 5 | 20% | $457,000 | $690,000 | -33.8% |
| Pepper Pike | 5 | 4 | 25% | $350,000 | $403,100 | -13.2% |
| Chagrin Falls | 6 | 7 | -14.3% | $347,000 | $297,500 | 16.6% |
| Glenwillow | 1 | 1 | 0% | $333,500 | $325,000 | 2.6% |
| Orange | 5 | 2 | 150% | $320,000 | $71,375 | 348.3% |
| Beachwood | 15 | 15 | 0% | $305,000 | $265,100 | 15.1% |
| Solon | 23 | 17 | 35.3% | $282,500 | $222,500 | 27% |
| Walton Hills | 2 | 3 | -33.3% | $271,000 | $170,000 | 59.4% |
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