From October through December of 2020, there were 119 homes sold, with a median sale price of $213,500 - a 28.3% increase over the $166,425 median sale price for the same period of the previous year. There were 107 homes sold in Shaker Heights in the fourth quarter of 2019.
The median sales tax in Shaker Heights for the most recent year with available data, 2019, was $8,387, approximately 3.9% of the median home sale price for the fourth quarter of 2020.
The following table compares Shaker Heights to other Cuyahoga County cities with similar median sale prices in the fourth quarter of 2020:
| City | Oct. - Dec. 2020 Home Sales | Oct. - Dec. 2019 Home Sales | % change (Total Home Sales) | Oct. - Dec. 2020 Median Sales Price | Oct. - Dec. 2019 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Independence | 19 | 21 | -9.5% | $238,000 | $197,700 | 20.4% |
| Lakewood | 224 | 179 | 25.1% | $228,500 | $185,000 | 23.5% |
| Olmsted Township | 43 | 20 | 115% | $225,000 | $180,500 | 24.7% |
| North Royalton | 89 | 81 | 9.9% | $222,500 | $173,000 | 28.6% |
| Seven Hills | 52 | 36 | 44.4% | $221,500 | $201,450 | 10% |
| Shaker Heights | 119 | 107 | 11.2% | $213,500 | $166,425 | 28.3% |
| Broadview Heights | 69 | 64 | 7.8% | $208,500 | $172,250 | 21% |
| Fairview Park | 94 | 68 | 38.2% | $199,950 | $165,000 | 21.2% |
| Cuyahoga Heights | 2 | 0 | - | $192,750 | $0 | - |
| Middleburg Heights | 70 | 61 | 14.8% | $189,500 | $164,500 | 15.2% |
| Olmsted Falls | 46 | 29 | 58.6% | $173,000 | $146,000 | 18.5% |
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