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East Cleveland News

Sunday, November 24, 2024

Pepper Pike home prices fell in August 2021

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The median sale price of a home sold in August 2021 in Pepper Pike fell by $26,500 while total sales increased by 42.9%, according to BlockShopper.com.

In August 2021, there were 10 homes sold, with a median sale price of $443,500 - a 5.6% decrease over the $470,000 median sale price for the same period of the previous year. There were seven homes sold in Pepper Pike in August 2020.

The median sales tax in Pepper Pike for the most recent year with available data, 2019, was $10,875, approximately 2.5% of the median home sale price for August 2021.

The following table compares Pepper Pike 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)
Bentleyville42100%$895,000$660,00035.6%
Orange48-50%$505,000$313,45061.1%
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%

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