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Sunday, November 24, 2024

What happened to the median home price in Mayfield Heights during July 2021?

Realestate2

The median sale price of a home sold in July 2021 in Mayfield Heights rose by $25,500 while total sales increased by 14.3%, according to BlockShopper.com.

In July 2021, there were 24 homes sold, with a median sale price of $181,000 - a 16.4% increase over the $155,500 median sale price for the same period of the previous year. There were 21 homes sold in Mayfield Heights in July 2020.

The median sales tax in Mayfield Heights for the most recent year with available data, 2019, was $3,684, approximately 2% of the median home sale price for July 2021.

The following table compares Mayfield 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)
Brooklyn Heights63100%$216,250$169,90027.3%
North Royalton27270%$203,000$177,00014.7%
University Heights2529-13.8%$195,000$177,00010.2%
Middleburg Heights1527-44.4%$195,000$185,0005.4%
Lyndhurst3539-10.3%$193,500$154,00025.6%
Mayfield Heights242114.3%$181,000$155,50016.4%
Valley View10-$180,000$0-
Olmsted Falls1116-31.3%$180,000$156,75014.8%
Cleveland Heights6688-25%$176,250$140,00025.9%
North Olmsted4042-4.8%$172,495$176,000-2%
Parma Heights3039-23.1%$172,000$133,85028.5%

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