From October through December of 2021, there were 25 homes sold, with a median sale price of $580,000 - a 24.9% increase over the $464,500 median sale price for the same period of the previous year. There were 22 homes sold in Pepper Pike in the fourth quarter of 2020.
The median sales tax in Pepper Pike for the most recent year with available data, 2019, was $10,875, approximately 1.9% of the median home sale price for the fourth quarter of 2021.
The following table compares Pepper Pike to other Cuyahoga County cities with similar median sale prices in the fourth quarter of 2021:
| City | Oct. - Dec. 2021 Home Sales | Oct. - Dec. 2020 Home Sales | % change (Total Home Sales) | Oct. - Dec. 2021 Median Sales Price | Oct. - Dec. 2020 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Hunting Valley | 1 | 1 | 0% | $700,000 | $460,000 | 52.2% |
| Bentleyville | 2 | 3 | -33.3% | $645,000 | $757,000 | -14.8% |
| Pepper Pike | 25 | 22 | 13.6% | $580,000 | $464,500 | 24.9% |
| Moreland Hills | 8 | 9 | -11.1% | $548,300 | $398,000 | 37.8% |
| Gates Mills | 14 | 7 | 100% | $540,000 | $360,000 | 50% |
| Chagrin Falls | 19 | 25 | -24% | $408,000 | $315,000 | 29.5% |
| Woodmere | 1 | 4 | -75% | $342,500 | $245,000 | 39.8% |
| Orange | 7 | 13 | -46.2% | $340,000 | $340,000 | 0% |
| Solon | 48 | 73 | -34.2% | $336,950 | $292,500 | 15.2% |
| Brecksville | 45 | 54 | -16.7% | $330,000 | $310,000 | 6.5% |
| Valley View | 5 | 4 | 25% | $320,000 | $241,650 | 32.4% |
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