In July 2017, there were 18 homes sold, with a median sale price of $150,000 - a 49.3% increase over the $100,500 median sale price for the same period of the previous year. There were 14 homes sold in Richmond Heights in July 2016.
The median sales tax in Richmond Heights for the most recent year with available data, 2016, was $3,994, approximately 2.7% of the median home sale price for July 2017.
The following table compares Richmond Heights to other Cuyahoga County cities with similar median sales prices in July 2017:
| City | July 2017 Home Sales | July 2016 Home Sales | % change (Total Home Sales) | July 2017 Median Sales Price | July 2016 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Oakwood | 5 | 3 | 66.7% | $179,000 | $30,000 | 496.7% |
| Middleburg Heights | 35 | 26 | 34.6% | $164,900 | $131,850 | 25.1% |
| Walton Hills | 4 | 4 | 0% | $157,770.50 | $239,750 | -34.2% |
| Lakewood | 90 | 76 | 18.4% | $155,500 | $131,000 | 18.7% |
| Fairview Park | 26 | 27 | -3.7% | $152,500 | $169,500 | -10% |
| Richmond Heights | 18 | 14 | 28.6% | $150,000 | $100,500 | 49.3% |
| Olmsted Falls | 23 | 14 | 64.3% | $148,000 | $115,000 | 28.7% |
| University Heights | 29 | 25 | 16% | $142,500 | $144,000 | -1% |
| North Olmsted | 68 | 30 | 126.7% | $137,650 | $145,000 | -5.1% |
| Glenwillow | 1 | 1 | 0% | $136,000 | $310,900 | -56.3% |
| Lyndhurst | 39 | 31 | 25.8% | $133,000 | $126,000 | 5.6% |
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