From October through December of 2020, there were 94 homes sold, with a median sale price of $199,950 - a 21.2% increase over the $165,000 median sale price for the same period of the previous year. There were 68 homes sold in Fairview Park in the fourth quarter of 2019.
The median sales tax in Fairview Park for the most recent year with available data, 2019, was $4,651, approximately 2.3% of the median home sale price for the fourth quarter of 2020.
The following table compares Fairview Park to other Cuyahoga County cities with similar median sale prices in the fourth quarter of 2020:
| City | Oct. - Dec. 2020 Home Sales | Oct. - Dec. 2019 Home Sales | % change (Total Home Sales) | Oct. - Dec. 2020 Median Sales Price | Oct. - Dec. 2019 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Olmsted Township | 43 | 20 | 115% | $225,000 | $180,500 | 24.7% |
| North Royalton | 89 | 81 | 9.9% | $222,500 | $173,000 | 28.6% |
| Seven Hills | 52 | 36 | 44.4% | $221,500 | $201,450 | 10% |
| Shaker Heights | 119 | 107 | 11.2% | $213,500 | $166,425 | 28.3% |
| Broadview Heights | 69 | 64 | 7.8% | $208,500 | $172,250 | 21% |
| Fairview Park | 94 | 68 | 38.2% | $199,950 | $165,000 | 21.2% |
| Cuyahoga Heights | 2 | 0 | - | $192,750 | $0 | - |
| Middleburg Heights | 70 | 61 | 14.8% | $189,500 | $164,500 | 15.2% |
| Olmsted Falls | 46 | 29 | 58.6% | $173,000 | $146,000 | 18.5% |
| North Olmsted | 130 | 108 | 20.4% | $170,000 | $156,825 | 8.4% |
| University Heights | 46 | 42 | 9.5% | $162,000 | $133,750 | 21.1% |
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