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Sunday, November 24, 2024

Euclid median home prices rose by 46.7% in the third quarter of 2021

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The median sale price of a home sold in the third quarter of 2021 in Euclid rose by $35,000 while total sales increased by 5.8%, according to BlockShopper.com.

From July through September of 2021, there were 239 homes sold, with a median sale price of $110,000 - a 46.7% increase over the $75,000 median sale price for the same period of the previous year. There were 226 homes sold in Euclid in the third quarter of 2020.

The median sales tax in Euclid for the most recent year with available data, 2019, was $2,535, approximately 2.3% of the median home sale price for the third quarter of 2021.

The following table compares Euclid to other Cuyahoga County cities with similar median sale prices in the third quarter of 2021:

CityJuly - Sept. 2021 Home SalesJuly - Sept. 2020 Home Sales% change (Total Home Sales)July - Sept. 2021 Median Sales PriceJuly - Sept. 2020 Median Sales Price% change (Median Sales Price)
Parma39135410.5%$158,000$140,55012.4%
Brooklyn3741-9.8%$157,000$138,00013.8%
Bedford Heights251931.6%$153,500$122,00025.8%
South Euclid16212826.6%$138,300$111,72523.8%
Bedford595115.7%$120,000$101,90017.8%
Euclid2392265.8%$110,000$75,00046.7%
Garfield Heights16514513.8%$98,000$80,00022.5%
Highland Hills110%$95,000$137,900-31.1%
Newburgh Heights133333.3%$95,000$60,00058.3%
Woodmere10-$93,000$0-
Maple Heights103110-6.4%$85,000$60,39040.8%

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