In December 2020, there were 11 homes sold, with a median sale price of $173,500 - a 23.5% increase over the $140,500 median sale price for the same period of the previous year. There were 10 homes sold in Richmond Heights in December 2019.
The median sales tax in Richmond Heights for the most recent year with available data, 2019, was $4,409, approximately 2.5% of the median home sale price for December 2020.
The following table compares Richmond Heights to other Cuyahoga County cities with similar median sale prices in December 2020:
| City | Dec. 2020 Home Sales | Dec. 2019 Home Sales | % change (Total Home Sales) | Dec. 2020 Median Sales Price | Dec. 2019 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Bay Village | 20 | 22 | -9.1% | $199,651 | $255,500 | -21.9% |
| Middleburg Heights | 22 | 15 | 46.7% | $195,000 | $150,000 | 30% |
| Olmsted Township | 12 | 2 | 500% | $193,450 | $279,000 | -30.7% |
| Fairview Park | 34 | 23 | 47.8% | $185,500 | $150,000 | 23.7% |
| North Olmsted | 40 | 23 | 73.9% | $173,500 | $130,000 | 33.5% |
| Richmond Heights | 11 | 10 | 10% | $173,500 | $140,500 | 23.5% |
| North Randall | 1 | 0 | - | $170,000 | $0 | - |
| University Heights | 17 | 9 | 88.9% | $167,650 | $132,500 | 26.5% |
| Olmsted Falls | 16 | 6 | 166.7% | $160,750 | $150,250 | 7% |
| Lyndhurst | 37 | 15 | 146.7% | $155,000 | $145,000 | 6.9% |
| Parma Heights | 18 | 27 | -33.3% | $155,000 | $114,900 | 34.9% |
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