In July 2020, there were 31 homes sold, with a median sale price of $240,000 - a 11.9% decrease over the $272,500 median sale price for the same period of the previous year. There were 48 homes sold in Rocky River in July 2019.
The median sales tax in Rocky River for the most recent year with available data, 2019, was $6,098, approximately 2.5% of the median home sale price for July 2020.
The following table compares Rocky River to other Cuyahoga County cities with similar median sales prices in July 2020:
City | July 2020 Home Sales | July 2019 Home Sales | % change (Total Home Sales) | July 2020 Median Sales Price | July 2019 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Moreland Hills | 8 | 4 | 100% | $257,750 | $639,087.50 | -59.7% |
Broadview Heights | 35 | 18 | 94.4% | $255,400 | $238,500 | 7.1% |
Independence | 11 | 12 | -8.3% | $255,000 | $181,000 | 40.9% |
Brecksville | 21 | 26 | -19.2% | $251,000 | $296,250 | -15.3% |
Strongsville | 69 | 66 | 4.5% | $244,900 | $230,000 | 6.5% |
Rocky River | 31 | 48 | -35.4% | $240,000 | $272,500 | -11.9% |
Shaker Heights | 61 | 64 | -4.7% | $236,785 | $201,500 | 17.5% |
Chagrin Falls | 8 | 13 | -38.5% | $235,000 | $365,000 | -35.6% |
Westlake | 43 | 44 | -2.3% | $234,000 | $199,900 | 17.1% |
Bratenahl | 7 | 5 | 40% | $230,000 | $325,000 | -29.2% |
Seven Hills | 20 | 29 | -31% | $218,750 | $183,500 | 19.2% |