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East Cleveland News

Sunday, November 24, 2024

Home prices increased in University Heights during November 2021

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The median sale price of a home sold in November 2021 in University Heights rose by $35,000 while total sales increased by 5.3%, according to BlockShopper.com.

In November 2021, there were 20 homes sold, with a median sale price of $190,000 - a 22.6% increase over the $155,000 median sale price for the same period of the previous year. There were 19 homes sold in University Heights in November 2020.

The median sales tax in University Heights for the most recent year with available data, 2019, was $6,243, approximately 3.3% of the median home sale price for November 2021.

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

CityNov. 2021 Home SalesNov. 2020 Home Sales% change (Total Home Sales)Nov. 2021 Median Sales PriceNov. 2020 Median Sales Price% change (Median Sales Price)
Fairview Park27258%$210,000$210,0000%
Shaker Heights38372.7%$205,000$230,000-10.9%
North Olmsted3554-35.2%$200,000$176,00013.6%
Middleburg Heights31303.3%$200,000$179,00011.7%
Oakwood52150%$195,000$173,75012.2%
University Heights20195.3%$190,000$155,00022.6%
Lyndhurst2433-27.3%$190,000$146,00030.1%
Richmond Heights1416-12.5%$182,500$143,00027.6%
Brooklyn Heights21100%$182,450$144,50026.3%
Olmsted Township820-60%$180,000$227,500-20.9%
Berea2335-34.3%$170,000$175,000-2.9%

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