In May, there were 15 homes sold, with a median sale price of $646,000 - a 27.4 percent increase over the $507,000 median sale price for the same period of the previous year. There were nine homes sold in Pepper Pike in May 2021.
The median sales tax in Pepper Pike for the most recent year with available data, 2019, was $10,875, approximately 1.7 percent of the median home sale price for May.
The following table compares Pepper Pike to other Cuyahoga County cities with similar median sale prices in May:
City | May 2022 Home Sales | May 2021 Home Sales | % change (Total Home Sales) | May 2022 Median Sales Price | May 2021 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Hunting Valley | 1 | 1 | 0 | $2,875,000 | $1,500,000 | 91.7 |
Gates Mills | 3 | 2 | 50 | $1,345,000 | $1,314,000 | 2.4 |
Moreland Hills | 6 | 5 | 20 | $857,500 | $505,000 | 69.8 |
Bentleyville | 1 | 4 | -75 | $700,000 | $717,500 | -2.4 |
Pepper Pike | 15 | 9 | 66.7 | $646,000 | $507,000 | 27.4 |
Bratenahl | 3 | 5 | -40 | $445,000 | $344,000 | 29.4 |
Solon | 21 | 26 | -19.2 | $440,000 | $294,950 | 49.2 |
Orange | 3 | 4 | -25 | $370,000 | $495,000 | -25.3 |
Chagrin Falls | 5 | 3 | 66.7 | $350,000 | $437,000 | -19.9 |
Westlake | 37 | 34 | 8.8 | $344,000 | $290,000 | 18.6 |
Highland Heights | 12 | 9 | 33.3 | $332,500 | $395,000 | -15.8 |