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Monday, November 18, 2024

Brook Park home prices rise in October 2020

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The median sale price of a home sold in October 2020 in Brook Park rose by $18,750 while total sales decreased by 53.8%, according to BlockShopper.com.

In October 2020, there were 12 homes sold, with a median sale price of $141,000 - a 15.3% increase over the $122,250 median sale price for the same period of the previous year. There were 26 homes sold in Brook Park in October 2019.

The median sales tax in Brook Park for the most recent year with available data, 2019, was $2,822, approximately 2% of the median home sale price for October 2020.

The following table compares Brook Park to other Cuyahoga County cities with similar median sales prices in October 2020:

CityOct. 2020 Home SalesOct. 2019 Home Sales% change (Total Home Sales)Oct. 2020 Median Sales PriceOct. 2019 Median Sales Price% change (Median Sales Price)
Richmond Heights517-70.6%$155,000$148,5004.4%
Mayfield Heights272412.5%$150,000$134,25011.7%
Parma Heights1424-41.7%$147,450$109,00035.3%
Olmsted Falls819-57.9%$146,000$123,00018.7%
Parma70133-47.4%$141,000$120,00017.5%
Brook Park1226-53.8%$141,000$122,25015.3%
Cleveland Heights4779-40.5%$139,900$105,00033.2%
Brooklyn141216.7%$132,750$109,00021.8%
Bedford Heights413-69.2%$125,950$111,50013%
South Euclid4045-11.1%$122,500$95,00028.9%
Newburgh Heights24-50%$106,500$78,50035.7%

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