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Saturday, November 23, 2024

Home prices decreased in Mayfield Heights during February 2021

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The median sale price of a home sold in February 2021 in Mayfield Heights fell by $7,050 while total sales increased by 15.8%, according to BlockShopper.com.

In February 2021, there were 22 homes sold, with a median sale price of $146,700 - a 4.6% decrease over the $153,750 median sale price for the same period of the previous year. There were 19 homes sold in Mayfield Heights in February 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 February 2021.

The following table compares Mayfield 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)
Fairview Park211816.7%$160,000$159,5000.3%
Westlake2127-22.2%$158,000$190,000-16.8%
Parma Heights16156.7%$155,950$127,00022.8%
Middleburg Heights141216.7%$155,500$157,000-1%
Shaker Heights322910.3%$152,500$198,000-23%
Mayfield Heights221915.8%$146,700$153,750-4.6%
Richmond Heights9650%$145,000$153,500-5.5%
Parma1137061.4%$145,000$114,067.5027.1%
Berea171154.5%$144,680$135,0007.2%
Brook Park1719-10.5%$142,500$125,00014%
Bedford Heights880%$137,750$110,212.5025%

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