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Sunday, November 17, 2024

Middleburg Heights home prices rise in August 2020

Realestate4

The median sale price of a home sold in August 2020 in Middleburg Heights rose by $27,500 while total sales increased by 20%, according to BlockShopper.com.

In August 2020, there were 24 homes sold, with a median sale price of $179,500 - a 18.1% increase over the $152,000 median sale price for the same period of the previous year. There were 20 homes sold in Middleburg Heights in August 2019.

The median sales tax in Middleburg Heights for the most recent year with available data, 2019, was $4,105, approximately 2.3% of the median home sale price for August 2020.

The following table compares Middleburg Heights to other Cuyahoga County cities with similar median sales prices in August 2020:

CityAug. 2020 Home SalesAug. 2019 Home Sales% change (Total Home Sales)Aug. 2020 Median Sales PriceAug. 2019 Median Sales Price% change (Median Sales Price)
Broadview Heights2941-29.3%$210,000$260,000-19.2%
North Olmsted4553-15.1%$194,000$160,00021.3%
Fairview Park2634-23.5%$189,400$189,900-0.3%
Seven Hills2426-7.7%$187,500$186,2500.7%
Brooklyn Heights5366.7%$184,000$155,00018.7%
Middleburg Heights242020%$179,500$152,00018.1%
Shaker Heights58555.5%$178,500$205,000-12.9%
Mayfield Heights2730-10%$170,500$122,50039.2%
Walton Hills42100%$168,000$190,000-11.6%
University Heights392650%$167,500$180,000-6.9%
Lyndhurst2434-29.4%$154,700$149,4503.5%

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