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Saturday, November 23, 2024

How did home prices perform in Highland Heights during February 2021?

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The median sale price of a home sold in February 2021 in Highland Heights fell by $21,500 while total sales increased by 62.5%, according to BlockShopper.com.

In February 2021, there were 13 homes sold, with a median sale price of $228,500 - a 8.6% decrease over the $250,000 median sale price for the same period of the previous year. There were eight homes sold in Highland Heights in February 2020.

The median sales tax in Highland Heights for the most recent year with available data, 2019, was $6,087, approximately 2.7% of the median home sale price for February 2021.

The following table compares Highland 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)
Brooklyn Heights20-$260,000$0-
Walton Hills41300%$245,000$160,00053.1%
Olmsted Township7540%$239,900$179,90033.4%
Bay Village1114-21.4%$237,000$186,68227%
Seven Hills1112-8.3%$231,000$175,00032%
Highland Heights13862.5%$228,500$250,000-8.6%
Strongsville363020%$222,612.50$204,2509%
Beachwood510-50%$200,000$304,000-34.2%
University Heights201625%$188,300$144,25030.5%
Lakewood584045%$177,500$194,950-9%
North Olmsted4317152.9%$170,000$145,00017.2%

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