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Sunday, November 24, 2024

Median home prices in Shaker Heights rose to $235,000 in December 2020

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The median sale price of a home sold in December 2020 in Shaker Heights rose by $55,000 while total sales increased by 33.3%, according to BlockShopper.com.

In December 2020, there were 44 homes sold, with a median sale price of $235,000 - a 30.6% increase over the $180,000 median sale price for the same period of the previous year. There were 33 homes sold in Shaker Heights in December 2019.

The median sales tax in Shaker Heights for the most recent year with available data, 2019, was $8,387, approximately 3.6% of the median home sale price for December 2020.

The following table compares Shaker Heights 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)
Rocky River341888.9%$260,000$313,500-17.1%
North Royalton291861.1%$260,000$148,70074.8%
Walton Hills63100%$248,000$225,00010.2%
Strongsville362080%$246,000$193,00027.5%
Lakewood8439115.4%$239,000$171,00039.8%
Shaker Heights443333.3%$235,000$180,00030.6%
Seven Hills161233.3%$229,500$162,95040.8%
Westlake2713107.7%$224,000$156,00043.6%
Mayfield60-$217,000$0-
Broadview Heights279200%$210,000$167,50025.4%
Bay Village2022-9.1%$199,651$255,500-21.9%

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