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East Cleveland News

Sunday, November 24, 2024

East Cleveland median home prices rose by 79.3% in August 2021

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The median sale price of a home sold in August 2021 in East Cleveland rose by $14,150 while total sales decreased by 50%, according to BlockShopper.com.

In August 2021, there were seven homes sold, with a median sale price of $32,000 - a 79.3% increase over the $17,850 median sale price for the same period of the previous year. There were 14 homes sold in East Cleveland in August 2020.

The median sales tax in East Cleveland for the most recent year with available data, 2019, was $786, approximately 2.5% of the median home sale price for August 2021.

The following table compares East Cleveland to other Cuyahoga County cities with similar median sale prices in August 2021:

CityAug. 2021 Home SalesAug. 2020 Home Sales% change (Total Home Sales)Aug. 2021 Median Sales PriceAug. 2020 Median Sales Price% change (Median Sales Price)
South Euclid3334-2.9%$141,500$124,75013.4%
Parma Heights1727-37%$140,000$125,00012%
North Randall10-$129,500$0-
Bedford1319-31.6%$124,200$120,0003.5%
Euclid4563-28.6%$120,000$80,00050%
Garfield Heights3853-28.3%$112,750$75,00050.3%
Highland Hills10-$95,000$0-
Cleveland337518-34.9%$75,000$55,00036.4%
Maple Heights3346-28.3%$70,000$66,2505.7%
East Cleveland714-50%$32,000$17,85079.3%
Warrensville Heights11837.5%$29,000$57,000-49.1%

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