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East Cleveland News

Monday, December 23, 2024

Median home prices in University Heights rose to $194,200 in March 2021

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The median sale price of a home sold in March 2021 in University Heights rose by $11,700 while total sales decreased by 3.6%, according to BlockShopper.com.

In March 2021, there were 27 homes sold, with a median sale price of $194,200 - a 6.4% increase over the $182,500 median sale price for the same period of the previous year. There were 28 homes sold in University Heights in March 2020.

The median sales tax in University Heights for the most recent year with available data, 2019, was $6,243, approximately 3.2% of the median home sale price for March 2021.

The following table compares University Heights 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)
Olmsted Township1213-7.7%$216,500$217,000-0.2%
Westlake423040%$212,250$242,000-12.3%
Shaker Heights523073.3%$210,000$163,50028.4%
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%

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