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Sunday, November 17, 2024

Middleburg Heights home prices rise in the third quarter of 2019

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The median sale price of a home sold in the third quarter of 2019 in Middleburg Heights rose by $3,000 while total sales decreased by 1.4%, according to BlockShopper.com.

From July through September of 2019, there were 71 homes sold, with a median sale price of $153,000 - a 2% increase over the $150,000 median sale price for the same period of the previous year. There were 72 homes sold in Middleburg Heights in the third quarter of 2018.

The median sales tax in Middleburg Heights for the most recent year with available data, 2016, was $4,008, approximately 2.6% of the median home sale price for the third quarter of 2019.

The following table compares Middleburg Heights to other Cuyahoga County cities with similar median sales prices in the third quarter of 2019:

CityJuly - Sept. 2019 Home SalesJuly - Sept. 2018 Home Sales% change (Total Home Sales)July - Sept. 2019 Median Sales PriceJuly - Sept. 2018 Median Sales Price% change (Median Sales Price)
Woodmere20-$170,000$0-
North Olmsted160163-1.8%$166,000$169,000-1.8%
Brooklyn Heights9580%$160,000$142,00012.7%
Valley View5366.7%$159,900$167,000-4.3%
University Heights7793-17.2%$158,000$152,0003.9%
Middleburg Heights7172-1.4%$153,000$150,0002%
Lyndhurst103139-25.9%$149,900$135,00011%
Berea1089711.3%$136,000$137,000-0.7%
Mayfield Heights89107-16.8%$135,000$149,247-9.5%
Olmsted Falls614924.5%$135,000$165,000-18.2%
Richmond Heights3941-4.9%$134,000$130,0003.1%

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