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Sunday, November 24, 2024

Median home prices in Richmond Heights rose to $234,000 in September 2021

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The median sale price of a home sold in September 2021 in Richmond Heights rose by $54,000 while total sales decreased by 42.1%, according to BlockShopper.com.

In September 2021, there were 11 homes sold, with a median sale price of $234,000 - a 30% increase over the $180,000 median sale price for the same period of the previous year. There were 19 homes sold in Richmond Heights in September 2020.

The median sales tax in Richmond Heights for the most recent year with available data, 2019, was $4,409, approximately 1.9% of the median home sale price for September 2021.

The following table compares Richmond Heights to other Cuyahoga County cities with similar median sale prices in September 2021:

CitySept. 2021 Home SalesSept. 2020 Home Sales% change (Total Home Sales)Sept. 2021 Median Sales PriceSept. 2020 Median Sales Price% change (Median Sales Price)
Solon2831-9.7%$261,000$300,000-13%
Westlake443046.7%$259,000$265,500-2.4%
Seven Hills292326.1%$250,000$217,00015.2%
Shaker Heights3547-25.5%$245,000$192,29127.4%
Lakewood1026459.4%$241,500$237,0001.9%
Richmond Heights1119-42.1%$234,000$180,00030%
Olmsted Township1014-28.6%$229,950$251,250-8.5%
Fairview Park342441.7%$211,250$187,00013%
University Heights2713107.7%$210,000$211,000-0.5%
North Olmsted503542.9%$195,500$179,9008.7%
Lyndhurst4921133.3%$189,900$152,90024.2%

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