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Monday, November 25, 2024

Median home prices in Mayfield fell to $276,000 in the fourth quarter of 2021

Realestate1

The median sale price of a home sold in the fourth quarter of 2021 in Mayfield fell by $6,000 while total sales decreased by 26.7%, according to BlockShopper.com.

From October through December of 2021, there were 11 homes sold, with a median sale price of $276,000 - a 2.1% decrease over the $282,000 median sale price for the same period of the previous year. There were 15 homes sold in Mayfield in the fourth quarter of 2020.

The median sales tax in Mayfield for the most recent year with available data, 2019, was $5,894, approximately 2.1% of the median home sale price for the fourth quarter of 2021.

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

CityOct. - Dec. 2021 Home SalesOct. - Dec. 2020 Home Sales% change (Total Home Sales)Oct. - Dec. 2021 Median Sales PriceOct. - Dec. 2020 Median Sales Price% change (Median Sales Price)
Beachwood2140-47.5%$317,000$297,5006.6%
Bratenahl612-50%$308,750$524,500-41.1%
Rocky River7887-10.3%$300,000$275,0009.1%
Bay Village3764-42.2%$287,500$259,95010.6%
Highland Heights1930-36.7%$286,000$250,25014.3%
Mayfield1115-26.7%$276,000$282,000-2.1%
Westlake93105-11.4%$270,000$262,0003.1%
Broadview Heights4270-40%$268,500$206,75029.9%
Walton Hills880%$265,500$245,0008.4%
Strongsville123150-18%$265,000$246,5007.5%
Seven Hills3052-42.3%$262,500$221,50018.5%

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