From January through December of 2021, there were 322 homes sold, with a median sale price of $198,950 - a 16.3% increase over the $171,000 median sale price for the previous year. There were 280 homes sold in University Heights in 2020.
The median sales tax in University Heights for the most recent year with available data, 2019, was $6,243, approximately 3.1% of the median home sale price for 2021.
The following table compares University Heights to other Cuyahoga County cities with similar median sale prices in 2021:
City | Jan. - Dec. 2021 Home Sales | Jan. - Dec. 2020 Home Sales | % change (Total Home Sales) | Jan. - Dec. 2021 Median Sales Price | Jan. - Dec. 2020 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Olmsted Township | 116 | 133 | -12.8% | $229,950 | $217,500 | 5.7% |
Shaker Heights | 546 | 531 | 2.8% | $225,000 | $210,000 | 7.1% |
Fairview Park | 284 | 295 | -3.7% | $221,250 | $185,500 | 19.3% |
North Royalton | 336 | 371 | -9.4% | $215,000 | $195,000 | 10.3% |
Brooklyn Heights | 16 | 20 | -20% | $201,200 | $172,450 | 16.7% |
University Heights | 322 | 280 | 15% | $198,950 | $171,000 | 16.3% |
Middleburg Heights | 250 | 219 | 14.2% | $191,000 | $180,000 | 6.1% |
North Olmsted | 480 | 477 | 0.6% | $190,000 | $168,600 | 12.7% |
Lyndhurst | 355 | 322 | 10.2% | $175,500 | $152,450 | 15.1% |
Olmsted Falls | 172 | 168 | 2.4% | $175,000 | $161,000 | 8.7% |
Richmond Heights | 139 | 129 | 7.8% | $172,000 | $145,900 | 17.9% |