From July through December of 2020, there were 286 homes sold, with a median sale price of $210,000 - a 16.7% increase over the $180,000 median sale price for the same period of the previous year. There were 281 homes sold in Shaker Heights in the second half of 2019.
The median sales tax in Shaker Heights for the most recent year with available data, 2019, was $8,387, approximately 4% of the median home sale price for the second half of 2020.
The following table compares Shaker Heights to other Cuyahoga County cities with similar median sale prices in the second half of 2020:
City | July - Dec. 2020 Home Sales | July - Dec. 2019 Home Sales | % change (Total Home Sales) | July - Dec. 2020 Median Sales Price | July - Dec. 2019 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Broadview Heights | 160 | 144 | 11.1% | $225,525 | $214,950 | 4.9% |
Lakewood | 446 | 458 | -2.6% | $225,500 | $185,000 | 21.9% |
Walton Hills | 17 | 18 | -5.6% | $225,000 | $197,500 | 13.9% |
Olmsted Township | 79 | 75 | 5.3% | $225,000 | $201,000 | 11.9% |
Seven Hills | 119 | 115 | 3.5% | $215,000 | $188,500 | 14.1% |
Shaker Heights | 286 | 281 | 1.8% | $210,000 | $180,000 | 16.7% |
Fairview Park | 180 | 148 | 21.6% | $189,000 | $182,000 | 3.8% |
Middleburg Heights | 134 | 132 | 1.5% | $187,000 | $157,500 | 18.7% |
Oakwood | 8 | 19 | -57.9% | $175,800 | $91,000 | 93.2% |
Cuyahoga Heights | 4 | 0 | - | $175,250 | $0 | - |
University Heights | 127 | 118 | 7.6% | $175,000 | $154,455 | 13.3% |