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East Cleveland News

Sunday, November 24, 2024

How did home prices perform in Mayfield during August 2021?

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The median sale price of a home sold in August 2021 in Mayfield rose by $138,000 while total sales decreased by 33.3%, according to BlockShopper.com.

In August 2021, there were two homes sold, with a median sale price of $368,000 - a 60% increase over the $230,000 median sale price for the same period of the previous year. There were three homes sold in Mayfield in August 2020.

The median sales tax in Mayfield for the most recent year with available data, 2019, was $5,894, approximately 1.6% of the median home sale price for August 2021.

The following table compares Mayfield 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)
Gates Mills34-25%$475,000$377,50025.8%
Pepper Pike10742.9%$443,500$470,000-5.6%
Glenwillow110%$405,000$358,65012.9%
Westlake2536-30.6%$375,000$282,50032.7%
Independence7616.7%$369,000$245,50050.3%
Mayfield23-33.3%$368,000$230,00060%
Broadview Heights1630-46.7%$345,950$218,00058.7%
Valley View13-66.7%$345,000$129,500166.4%
Solon2339-41%$342,650$332,5003.1%
Brecksville1415-6.7%$337,500$317,0006.5%
Highland Heights412-66.7%$281,150$285,000-1.4%

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