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East Cleveland News

Saturday, November 23, 2024

How did home prices perform in East Cleveland during February 2021?

Realestate1

The median sale price of a home sold in February 2021 in East Cleveland rose by $7,875 while total sales increased by 77.8%, according to BlockShopper.com.

In February 2021, there were 16 homes sold, with a median sale price of $25,375 - a 45% increase over the $17,500 median sale price for the same period of the previous year. There were nine homes sold in East Cleveland in February 2020.

The median sales tax in East Cleveland for the most recent year with available data, 2019, was $786, approximately 3.1% of the median home sale price for February 2021.

The following table compares East Cleveland to other Cuyahoga County cities with similar median sale prices in February 2021:

CityFeb. 2021 Home SalesFeb. 2020 Home Sales% change (Total Home Sales)Feb. 2021 Median Sales PriceFeb. 2020 Median Sales Price% change (Median Sales Price)
Lyndhurst23219.5%$120,000$137,000-12.4%
South Euclid32320%$112,200$104,1507.7%
North Randall10-$104,900$0-
Garfield Heights473823.7%$89,000$56,75056.8%
Euclid60591.7%$86,500$67,45028.2%
Bedford161145.5%$79,600$84,900-6.2%
Maple Heights463627.8%$75,000$54,173.5038.4%
Cleveland53343522.5%$58,000$40,00045%
Highland Hills110%$47,500$90,000-47.2%
Warrensville Heights141127.3%$29,500$56,000-47.3%
East Cleveland16977.8%$25,375$17,50045%

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