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Saturday, November 23, 2024

What happened to the median home price in Cleveland Heights during February 2021?

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The median sale price of a home sold in February 2021 in Cleveland Heights rose by $17,000 while total sales increased by 18.4%, according to BlockShopper.com.

In February 2021, there were 58 homes sold, with a median sale price of $127,000 - a 15.5% increase over the $110,000 median sale price for the same period of the previous year. There were 49 homes sold in Cleveland Heights in February 2020.

The median sales tax in Cleveland Heights for the most recent year with available data, 2019, was $4,500, approximately 3.5% of the median home sale price for February 2021.

The following table compares Cleveland Heights 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)
Berea171154.5%$144,680$135,0007.2%
Brook Park1719-10.5%$142,500$125,00014%
Bedford Heights880%$137,750$110,212.5025%
Olmsted Falls9812.5%$132,000$133,750-1.3%
Newburgh Heights14-75%$129,500$73,75075.6%
Cleveland Heights584918.4%$127,000$110,00015.5%
Brooklyn147100%$126,000$95,00032.6%
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%

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