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East Cleveland News

Wednesday, December 25, 2024

Rising home prices in Shaker Heights in January 2021

Realestate1

The median sale price of a home sold in January 2021 in Shaker Heights rose by $15,000 while total sales decreased by 21.1%, according to BlockShopper.com.

In January 2021, there were 15 homes sold, with a median sale price of $195,000 - a 8.3% increase over the $180,000 median sale price for the same period of the previous year. There were 19 homes sold in Shaker Heights in January 2020.

The median sales tax in Shaker Heights for the most recent year with available data, 2019, was $8,387, approximately 4.3% of the median home sale price for January 2021.

The following table compares Shaker 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)
Highland Heights48-50%$230,000$235,000-2.1%
Lakewood2837-24.3%$229,677.50$170,00035.1%
Seven Hills114175%$225,000$153,50046.6%
Strongsville922-59.1%$220,000$171,98127.9%
Broadview Heights912-25%$211,038$153,50037.5%
Shaker Heights1519-21.1%$195,000$180,0008.3%
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%

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