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East Cleveland News

Wednesday, December 25, 2024

Richmond Heights home prices rose in January 2021

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The median sale price of a home sold in January 2021 in Richmond Heights rose by $127,375 while total sales decreased by 50%, according to BlockShopper.com.

In January 2021, there were three homes sold, with a median sale price of $255,000 - a 99.8% increase over the $127,625 median sale price for the same period of the previous year. There were six homes sold in Richmond Heights in January 2020.

The median sales tax in Richmond Heights for the most recent year with available data, 2019, was $4,409, approximately 1.7% of the median home sale price for January 2021.

The following table compares Richmond 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)
Independence110%$369,000$605,000-39%
Bay Village121020%$325,000$283,50014.6%
Solon914-35.7%$280,000$263,0006.5%
Walton Hills31200%$270,000$177,90051.8%
Westlake1721-19%$258,000$245,0005.3%
Richmond Heights36-50%$255,000$127,62599.8%
Middleburg Heights58-37.5%$255,000$100,500153.7%
Beachwood47-42.9%$253,000$285,500-11.4%
Rocky River718-61.1%$250,000$264,000-5.3%
Brecksville59-44.4%$247,000$205,00020.5%
Bratenahl12-50%$235,000$189,00024.3%

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