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Monday, December 23, 2024

Median home prices in Shaker Heights rose to $188,500 in the first quarter of 2021

Realestate077

The median sale price of a home sold in the first quarter of 2021 in Shaker Heights rose by $7,000 while total sales increased by 70.5%, according to BlockShopper.com.

From January through March of 2021, there were 133 homes sold, with a median sale price of $188,500 - a 3.9% increase over the $181,500 median sale price for the same period of the previous year. There were 78 homes sold in Shaker Heights in the first quarter of 2020.

The median sales tax in Shaker Heights for the most recent year with available data, 2019, was $8,387, approximately 4.4% of the median home sale price for the first quarter of 2021.

The following table compares Shaker Heights to other Cuyahoga County cities with similar median sale prices in the first quarter of 2021:

CityJan. - Mar. 2021 Home SalesJan. - Mar. 2020 Home Sales% change (Total Home Sales)Jan. - Mar. 2021 Median Sales PriceJan. - Mar. 2020 Median Sales Price% change (Median Sales Price)
Olmsted Township312147.6%$218,000$194,00012.4%
Broadview Heights674742.6%$216,000$250,000-13.6%
Brooklyn Heights31200%$215,000$185,00016.2%
Oakwood610-40%$212,000$78,625169.6%
Lakewood20812467.7%$207,500$194,9506.4%
Shaker Heights1337870.5%$188,500$181,5003.9%
North Royalton7980-1.3%$186,500$168,50010.7%
University Heights755536.4%$185,500$156,00018.9%
Fairview Park634153.7%$175,000$174,0000.6%
North Olmsted1169127.5%$173,350$145,00019.6%
Olmsted Falls372927.6%$161,900$130,00024.5%

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