In August 2020, there were three homes sold, with a median sale price of $230,000 - a 32% increase over the $174,250 median sale price for the same period of the previous year. There were four homes sold in Mayfield in August 2019.
The median sales tax in Mayfield for the most recent year with available data, 2019, was $5,894, approximately 2.6% of the median home sale price for August 2020.
The following table compares Mayfield to other Cuyahoga County cities with similar median sales prices in August 2020:
City | Aug. 2020 Home Sales | Aug. 2019 Home Sales | % change (Total Home Sales) | Aug. 2020 Median Sales Price | Aug. 2019 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Olmsted Township | 12 | 20 | -40% | $254,250 | $185,750 | 36.9% |
North Royalton | 44 | 40 | 10% | $246,500 | $179,500 | 37.3% |
Independence | 6 | 4 | 50% | $245,500 | $256,950 | -4.5% |
Strongsville | 50 | 84 | -40.5% | $240,500 | $227,100 | 5.9% |
Oakwood | 1 | 4 | -75% | $232,500 | $83,500 | 178.4% |
Mayfield | 3 | 4 | -25% | $230,000 | $174,250 | 32% |
Lakewood | 77 | 103 | -25.2% | $226,000 | $185,000 | 22.2% |
Broadview Heights | 29 | 41 | -29.3% | $210,000 | $260,000 | -19.2% |
North Olmsted | 45 | 53 | -15.1% | $194,000 | $160,000 | 21.3% |
Fairview Park | 26 | 34 | -23.5% | $189,400 | $189,900 | -0.3% |
Seven Hills | 24 | 26 | -7.7% | $187,500 | $186,250 | 0.7% |