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East Cleveland News

Monday, December 23, 2024

Home prices increased in Lyndhurst during March 2021

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The median sale price of a home sold in March 2021 in Lyndhurst rose by $48,000 while total sales increased by 17.4%, according to BlockShopper.com.

In March 2021, there were 27 homes sold, with a median sale price of $186,000 - a 34.8% increase over the $138,000 median sale price for the same period of the previous year. There were 23 homes sold in Lyndhurst in March 2020.

The median sales tax in Lyndhurst for the most recent year with available data, 2019, was $4,048, approximately 2.2% of the median home sale price for March 2021.

The following table compares Lyndhurst to other Cuyahoga County cities with similar median sale prices in March 2021:

CityMar. 2021 Home SalesMar. 2020 Home Sales% change (Total Home Sales)Mar. 2021 Median Sales PriceMar. 2020 Median Sales Price% change (Median Sales Price)
Lakewood714751.1%$202,500$208,000-2.6%
Fairview Park2311109.1%$200,000$144,00038.9%
University Heights2728-3.6%$194,200$182,5006.4%
North Olmsted3845-15.6%$191,000$145,00031.7%
Olmsted Falls15150%$187,500$137,50036.4%
Lyndhurst272317.4%$186,000$138,00034.8%
North Royalton2733-18.2%$186,000$190,000-2.1%
Mayfield Heights211540%$163,000$160,0001.9%
Berea1218-33.3%$161,987.50$137,71617.6%
Parma Heights2712125%$157,000$116,94034.3%
Rocky River221822.2%$155,750$210,000-25.8%

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