Quantcast

West Cleveland News

Sunday, November 17, 2024

Rocky River home prices rise in the third quarter of 2019

Re 7

The median sale price of a home sold in the third quarter of 2019 in Rocky River rose by $7,500 while total sales increased by 4.6%, according to BlockShopper.com.

From July through September of 2019, there were 136 homes sold, with a median sale price of $244,000 - a 3.2% increase over the $236,500 median sale price for the same period of the previous year. There were 130 homes sold in Rocky River in the third quarter of 2018.

The median sales tax in Rocky River for the most recent year with available data, 2016, was $5,623, approximately 2.3% of the median home sale price for the third quarter of 2019.

The following table compares Rocky River 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)
Glenwillow220%$320,000$282,50013.3%
Solon1071007%$315,000$279,95012.5%
Beachwood5661-8.2%$310,000$270,00014.8%
Brecksville5966-10.6%$260,000$244,6156.3%
Highland Heights403225%$245,500$313,300-21.6%
Rocky River1361304.6%$244,000$236,5003.2%
Broadview Heights80103-22.3%$243,750$255,000-4.4%
Bay Village94922.2%$236,500$245,000-3.5%
Independence2431-22.6%$235,000$235,0000%
Strongsville211219-3.7%$224,000$207,5008%
Olmsted Township554619.6%$220,000$222,500-1.1%

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