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East Cleveland News

Sunday, November 24, 2024

Home prices decreased in Highland Heights during 2020

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The median sale price of a home sold in 2020 in Highland Heights fell by $19,000 while total sales decreased by 15.3%, according to BlockShopper.com.

From January through December of 2020, there were 111 homes sold, with a median sale price of $241,000 - a 7.3% decrease over the $260,000 median sale price for the previous year. There were 131 homes sold in Highland Heights in 2019.

The median sales tax in Highland Heights for the most recent year with available data, 2019, was $6,087, approximately 2.5% of the median home sale price for 2020.

The following table compares Highland Heights to other Cuyahoga County cities with similar median sale prices in 2020:

CityJan. - Dec. 2020 Home SalesJan. - Dec. 2019 Home Sales% change (Total Home Sales)Jan. - Dec. 2020 Median Sales PriceJan. - Dec. 2019 Median Sales Price% change (Median Sales Price)
Bay Village276354-22%$262,750$234,25012.2%
Bratenahl4957-14%$262,500$280,000-6.3%
Valley View1618-11.1%$262,450$193,00036%
Mayfield44440%$252,000$238,5005.7%
Westlake407477-14.7%$249,900$225,00011.1%
Highland Heights111131-15.3%$241,000$260,000-7.3%
Independence7690-15.6%$237,000$240,000-1.3%
Woodmere57-28.6%$235,000$180,00030.6%
Strongsville538675-20.3%$234,000$213,0009.9%
Broadview Heights289297-2.7%$226,000$215,0005.1%
Walton Hills28273.7%$222,450$200,00011.2%

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