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East Cleveland News

Sunday, November 24, 2024

July 2021: Home prices in Richmond Heights fell

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The median sale price of a home sold in July 2021 in Richmond Heights fell by $18,725 while total sales decreased by 29.4%, according to BlockShopper.com.

In July 2021, there were 12 homes sold, with a median sale price of $147,775 - a 11.2% decrease over the $166,500 median sale price for the same period of the previous year. There were 17 homes sold in Richmond Heights in July 2020.

The median sales tax in Richmond Heights for the most recent year with available data, 2019, was $4,409, approximately 3% of the median home sale price for July 2021.

The following table compares Richmond Heights to other Cuyahoga County cities with similar median sale prices in July 2021:

CityJuly 2021 Home SalesJuly 2020 Home Sales% change (Total Home Sales)July 2021 Median Sales PriceJuly 2020 Median Sales Price% change (Median Sales Price)
Parma106120-11.7%$168,250$140,00020.2%
Bedford Heights52150%$163,000$105,00055.2%
Brook Park342347.8%$162,500$149,6848.6%
Oakwood13-66.7%$160,000$141,60013%
Brooklyn191172.7%$157,500$150,5004.7%
Richmond Heights1217-29.4%$147,775$166,500-11.2%
South Euclid4547-4.3%$140,000$110,00027.3%
Euclid6079-24.1%$115,000$69,80064.8%
Warrensville Heights11922.2%$110,000$46,000139.1%
Garfield Heights3448-29.2%$95,000$79,75019.1%
Newburgh Heights41300%$92,500$76,00021.7%

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