In May 2020, there were 51 homes sold, with a median sale price of $220,000 - a 11.8% increase over the $196,750 median sale price for the same period of the previous year. There were 76 homes sold in Shaker Heights in May 2019.
The median sales tax in Shaker Heights for the most recent year with available data, 2016, was $8,233, approximately 3.7% of the median home sale price for May 2020.
The following table compares Shaker Heights to other Cuyahoga County cities with similar median sales prices in May 2020:
| City | May 2020 Home Sales | May 2019 Home Sales | % change (Total Home Sales) | May 2020 Median Sales Price | May 2019 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Mayfield | 4 | 9 | -55.6% | $262,500 | $250,000 | 5% |
| Walton Hills | 5 | 3 | 66.7% | $250,000 | $209,900 | 19.1% |
| Westlake | 35 | 55 | -36.4% | $248,000 | $192,500 | 28.8% |
| Bay Village | 22 | 45 | -51.1% | $242,450 | $225,000 | 7.8% |
| Brecksville | 9 | 28 | -67.9% | $225,000 | $205,500 | 9.5% |
| Shaker Heights | 51 | 76 | -32.9% | $220,000 | $196,750 | 11.8% |
| Highland Heights | 6 | 17 | -64.7% | $214,500 | $255,000 | -15.9% |
| Strongsville | 43 | 86 | -50% | $212,000 | $216,500 | -2.1% |
| Seven Hills | 25 | 27 | -7.4% | $202,500 | $192,000 | 5.5% |
| Lakewood | 51 | 105 | -51.4% | $202,000 | $190,000 | 6.3% |
| Broadview Heights | 32 | 30 | 6.7% | $191,450 | $273,125 | -29.9% |
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