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East Cleveland News

Monday, November 25, 2024

Home prices increased in Mayfield during 2021

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The median sale price of a home sold in 2021 in Mayfield rose by $28,000 while total sales increased by 11.4%, according to BlockShopper.com.

From January through December of 2021, there were 49 homes sold, with a median sale price of $280,000 - a 11.1% increase over the $252,000 median sale price for the previous year. There were 44 homes sold in Mayfield in 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 2021.

The following table compares Mayfield 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)
Brecksville20917718.1%$315,000$280,00012.5%
Highland Heights1211128%$310,000$241,00028.6%
Bratenahl3849-22.4%$301,250$262,50014.8%
Rocky River3283057.5%$291,000$275,0005.8%
Bay Village219278-21.2%$285,000$262,7508.5%
Mayfield494411.4%$280,000$252,00011.1%
Westlake4324085.9%$276,890$248,95011.2%
Glenwillow36-50%$275,000$332,500-17.3%
Independence6176-19.7%$268,000$237,00013.1%
Strongsville5765396.9%$264,000$234,00012.8%
Broadview Heights255290-12.1%$257,600$226,00014%

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