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Sunday, November 24, 2024

Median home prices in Shaker Heights fell to $205,000 in November 2021

Realestate1

The median sale price of a home sold in November 2021 in Shaker Heights fell by $25,000 while total sales increased by 2.7%, according to BlockShopper.com.

In November 2021, there were 38 homes sold, with a median sale price of $205,000 - a 10.9% decrease over the $230,000 median sale price for the same period of the previous year. There were 37 homes sold in Shaker Heights in November 2020.

The median sales tax in Shaker Heights for the most recent year with available data, 2019, was $8,387, approximately 4.1% of the median home sale price for November 2021.

The following table compares Shaker 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)
Highland Heights812-33.3%$258,500$210,95022.5%
Independence311-72.7%$250,000$225,00011.1%
Lakewood5873-20.5%$240,000$225,0006.7%
North Royalton2841-31.7%$230,000$220,5004.3%
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%

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