In August 2017, there were 19 homes sold, with a median sale price of $109,000 - a 10.1% increase over the $99,000 median sale price for the same period of the previous year. There were eight homes sold in Richmond Heights in August 2016.
The median sales tax in Richmond Heights for the most recent year with available data, 2016, was $3,994, approximately 3.7% of the median home sale price for August 2017.
The following table compares Richmond Heights to other Cuyahoga County cities with similar median sales prices in August 2017:
| City | Aug. 2017 Home Sales | Aug. 2016 Home Sales | % change (Total Home Sales) | Aug. 2017 Median Sales Price | Aug. 2016 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Brook Park | 32 | 24 | 33.3% | $124,750 | $108,000 | 15.5% |
| Berea | 37 | 24 | 54.2% | $121,600 | $115,500 | 5.3% |
| Mayfield Heights | 30 | 20 | 50% | $118,750 | $100,250 | 18.5% |
| Lyndhurst | 44 | 28 | 57.1% | $114,000 | $129,250 | -11.8% |
| Parma | 152 | 108 | 40.7% | $112,250 | $99,950 | 12.3% |
| Richmond Heights | 19 | 8 | 137.5% | $109,000 | $99,000 | 10.1% |
| Parma Heights | 48 | 18 | 166.7% | $104,500 | $104,750 | -0.2% |
| Brooklyn Heights | 2 | 0 | - | $99,500 | $0 | - |
| Oakwood | 10 | 0 | - | $96,313 | $0 | - |
| Bedford Heights | 15 | 5 | 200% | $92,100 | $121,500 | -24.2% |
| South Euclid | 71 | 42 | 69% | $92,000 | $80,000 | 15% |
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