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East Cleveland News

Monday, November 25, 2024

Mayfield Heights home prices rose in 2021

Realestate2

The median sale price of a home sold in 2021 in Mayfield Heights rose by $9,000 while total sales increased by 24.7%, according to BlockShopper.com.

From January through December of 2021, there were 343 homes sold, with a median sale price of $165,000 - a 5.8% increase over the $156,000 median sale price for the previous year. There were 275 homes sold in Mayfield Heights in 2020.

The median sales tax in Mayfield Heights for the most recent year with available data, 2019, was $3,684, approximately 2.2% of the median home sale price for 2021.

The following table compares Mayfield Heights to other Cuyahoga County cities with similar median sale prices in 2021:

CityJan. - Dec. 2021 Home SalesJan. - Dec. 2020 Home Sales% change (Total Home Sales)Jan. - Dec. 2021 Median Sales PriceJan. - Dec. 2020 Median Sales Price% change (Median Sales Price)
North Olmsted4804770.6%$190,000$168,60012.7%
Lyndhurst35532210.2%$175,500$152,45015.1%
Olmsted Falls1721682.4%$175,000$161,0008.7%
Richmond Heights1391297.8%$172,000$145,90017.9%
Berea256265-3.4%$172,000$148,10016.1%
Mayfield Heights34327524.7%$165,000$156,0005.8%
Oakwood362828.6%$162,000$137,30018%
Parma Heights2942728.1%$159,500$140,00013.9%
Brook Park2862734.8%$155,000$140,00010.7%
Parma1,3581,2409.5%$152,000$135,00012.6%
Cuyahoga Heights45-20%$151,500$185,500-18.3%

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