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Saturday, November 23, 2024

Median home prices in Shaker Heights fell to $152,500 in February 2021

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The median sale price of a home sold in February 2021 in Shaker Heights fell by $45,500 while total sales increased by 10.3%, according to BlockShopper.com.

In February 2021, there were 32 homes sold, with a median sale price of $152,500 - a 23% decrease over the $198,000 median sale price for the same period of the previous year. There were 29 homes sold in Shaker Heights in February 2020.

The median sales tax in Shaker Heights for the most recent year with available data, 2019, was $8,387, approximately 5.5% of the median home sale price for February 2021.

The following table compares Shaker 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)
Oakwood24-50%$162,500$95,75069.7%
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%

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