Quantcast

East Cleveland News

Monday, November 25, 2024

2021: Shaker Heights experienced a 7.1% increase in median home prices

Re 3

The median sale price of a home sold in 2021 in Shaker Heights rose by $15,000 while total sales increased by 2.8%, according to BlockShopper.com.

From January through December of 2021, there were 546 homes sold, with a median sale price of $225,000 - a 7.1% increase over the $210,000 median sale price for the previous year. There were 531 homes sold in Shaker Heights in 2020.

The median sales tax in Shaker Heights for the most recent year with available data, 2019, was $8,387, approximately 3.7% of the median home sale price for 2021.

The following table compares Shaker 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)
Walton Hills352825%$247,500$222,45011.3%
Lakewood8407926.1%$232,500$215,0008.1%
Woodmere7540%$230,000$235,000-2.1%
Seven Hills181214-15.4%$230,000$208,10010.5%
Olmsted Township116133-12.8%$229,950$217,5005.7%
Shaker Heights5465312.8%$225,000$210,0007.1%
Fairview Park284295-3.7%$221,250$185,50019.3%
North Royalton336371-9.4%$215,000$195,00010.3%
Brooklyn Heights1620-20%$201,200$172,45016.7%
University Heights32228015%$198,950$171,00016.3%
Middleburg Heights25021914.2%$191,000$180,0006.1%

ORGANIZATIONS IN THIS STORY

!RECEIVE ALERTS

The next time we write about any of these orgs, we’ll email you a link to the story. You may edit your settings or unsubscribe at any time.
Sign-up

DONATE

Help support the Metric Media Foundation's mission to restore community based news.
Donate

MORE NEWS