In December 2021, there were three homes sold, with a median sale price of $390,000 - a 178.9% increase over the $139,831 median sale price for the same period of the previous year. There were three homes sold in Gates Mills in December 2020, as well.
The median sales tax in Gates Mills for the most recent year with available data, 2019, was $13,801, approximately 3.5% of the median home sale price for December 2021.
The following table compares Gates Mills to other Cuyahoga County cities with similar median sale prices in December 2021:
| City | Dec. 2021 Home Sales | Dec. 2020 Home Sales | % change (Total Home Sales) | Dec. 2021 Median Sales Price | Dec. 2020 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Bentleyville | 2 | 2 | 0% | $645,000 | $878,500 | -26.6% |
| Moreland Hills | 1 | 1 | 0% | $636,500 | $935,000 | -31.9% |
| Pepper Pike | 2 | 10 | -80% | $527,000 | $418,000 | 26.1% |
| Chagrin Falls | 7 | 9 | -22.2% | $435,000 | $315,000 | 38.1% |
| Solon | 9 | 22 | -59.1% | $420,000 | $270,000 | 55.6% |
| Gates Mills | 3 | 3 | 0% | $390,000 | $139,831 | 178.9% |
| Bay Village | 10 | 22 | -54.5% | $370,000 | $217,450 | 70.2% |
| Brecksville | 13 | 24 | -45.8% | $328,000 | $327,500 | 0.2% |
| Rocky River | 19 | 34 | -44.1% | $300,000 | $260,000 | 15.4% |
| Strongsville | 32 | 37 | -13.5% | $287,637.50 | $245,000 | 17.4% |
| Highland Heights | 3 | 9 | -66.7% | $280,000 | $195,000 | 43.6% |
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