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Saturday, November 23, 2024

July 2021: Lyndhurst experienced a 25.6% increase in median home prices

Realestate4

The median sale price of a home sold in July 2021 in Lyndhurst rose by $39,500 while total sales decreased by 10.3%, according to BlockShopper.com.

In July 2021, there were 35 homes sold, with a median sale price of $193,500 - a 25.6% increase over the $154,000 median sale price for the same period of the previous year. There were 39 homes sold in Lyndhurst in July 2020.

The median sales tax in Lyndhurst for the most recent year with available data, 2019, was $4,048, approximately 2.1% of the median home sale price for July 2021.

The following table compares Lyndhurst 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)
Berea1622-27.3%$225,000.50$151,75048.3%
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%

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