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East Cleveland News

Sunday, November 24, 2024

Median home prices in Mayfield rose to $252,000 in 2020

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The median sale price of a home sold in 2020 in Mayfield rose by $13,500 while total sales remained unchanged with 44 homes sold, according to BlockShopper.com.

From January through December of 2020, there were 44 homes sold, with a median sale price of $252,000 - a 5.7% increase over the $238,500 median sale price for the previous year. There were 44 homes sold in Mayfield in 2019, as well.

The median sales tax in Mayfield for the most recent year with available data, 2019, was $5,894, approximately 2.3% of the median home sale price for 2020.

The following table compares Mayfield 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)
Brecksville174219-20.5%$280,000$242,00015.7%
Rocky River305451-32.4%$275,000$235,00017%
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%

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