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East Cleveland News

Wednesday, December 25, 2024

Home prices increased in Mayfield Heights during January 2021

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The median sale price of a home sold in January 2021 in Mayfield Heights rose by $11,500 while total sales increased by 20%, according to BlockShopper.com.

In January 2021, there were 12 homes sold, with a median sale price of $148,500 - a 8.4% increase over the $137,000 median sale price for the same period of the previous year. There were 10 homes sold in Mayfield Heights in January 2020.

The median sales tax in Mayfield Heights for the most recent year with available data, 2019, was $3,684, approximately 2.5% of the median home sale price for January 2021.

The following table compares Mayfield Heights to other Cuyahoga County cities with similar median sale prices in January 2021:

CityJan. 2021 Home SalesJan. 2020 Home Sales% change (Total Home Sales)Jan. 2021 Median Sales PriceJan. 2020 Median Sales Price% change (Median Sales Price)
Oakwood14-75%$195,000$141,12538.2%
Olmsted Township23-33.3%$185,500$61,290202.7%
University Heights12119.1%$169,000$139,90020.8%
Brooklyn5366.7%$166,000$62,000167.7%
Berea211540%$155,000$139,00011.5%
Mayfield Heights121020%$148,500$137,0008.4%
North Royalton1020-50%$140,000$96,51045.1%
Olmsted Falls46-33.3%$137,250$89,00054.2%
Lyndhurst914-35.7%$134,000$145,350-7.8%
Parma3655-34.5%$132,500$124,9006.1%
South Euclid1637-56.8%$130,950$79,00065.8%

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