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Monday, November 25, 2024

December 2021: Home prices in South Euclid increased

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The median sale price of a home sold in December 2021 in South Euclid rose by $5,000 while total sales decreased by 45.9%, according to BlockShopper.com.

In December 2021, there were 20 homes sold, with a median sale price of $135,000 - a 3.8% increase over the $130,000 median sale price for the same period of the previous year. There were 37 homes sold in South Euclid in December 2020.

The median sales tax in South Euclid for the most recent year with available data, 2019, was $3,252, approximately 2.4% of the median home sale price for December 2021.

The following table compares South Euclid to other Cuyahoga County cities with similar median sale prices in December 2021:

CityDec. 2021 Home SalesDec. 2020 Home Sales% change (Total Home Sales)Dec. 2021 Median Sales PriceDec. 2020 Median Sales Price% change (Median Sales Price)
Parma Heights1819-5.3%$156,700$152,0003.1%
Parma79107-26.2%$155,000$145,9006.2%
Brook Park2229-24.1%$149,000$145,0002.8%
Bedford814-42.9%$145,500$119,45021.8%
Middleburg Heights924-62.5%$142,500$195,000-26.9%
South Euclid2037-45.9%$135,000$130,0003.8%
Garfield Heights2953-45.3%$110,500$80,35937.5%
Bedford Heights611-45.5%$108,125$115,000-6%
Richmond Heights811-27.3%$107,835$173,500-37.8%
Euclid4783-43.4%$98,500$80,00023.1%
Maple Heights2953-45.3%$97,500$67,00045.5%

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