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Sunday, November 24, 2024

Pricing for the median home in South Euclid increased during December 2020

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The median sale price of a home sold in December 2020 in South Euclid rose by $37,000 while total sales increased by 9.1%, according to BlockShopper.com.

In December 2020, there were 36 homes sold, with a median sale price of $127,000 - a 41.1% increase over the $90,000 median sale price for the same period of the previous year. There were 33 homes sold in South Euclid in December 2019.

The median sales tax in South Euclid for the most recent year with available data, 2019, was $3,252, approximately 2.6% of the median home sale price for December 2020.

The following table compares South Euclid to other Cuyahoga County cities with similar median sale prices in December 2020:

CityDec. 2020 Home SalesDec. 2019 Home Sales% change (Total Home Sales)Dec. 2020 Median Sales PriceDec. 2019 Median Sales Price% change (Median Sales Price)
Mayfield Heights3315120%$150,000$150,0000%
Brook Park2913123.1%$145,000$132,5009.4%
Parma1036656.1%$144,000$114,95025.3%
Gates Mills30-$139,831$0-
Berea251392.3%$135,000$150,000-10%
South Euclid36339.1%$127,000$90,00041.1%
Bedford13130%$126,000$74,00070.3%
Cleveland Heights664837.5%$125,250$78,00060.6%
Oakwood12-50%$123,500$90,95035.8%
Bedford Heights11683.3%$115,000$67,01871.6%
Brooklyn13944.4%$114,330$128,000-10.7%

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