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Sunday, November 17, 2024

How did home prices perform in Middleburg Heights during the second half of 2020?

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The median sale price of a home sold in the second half of 2020 in Middleburg Heights rose by $29,500 while total sales increased by 1.5%, according to BlockShopper.com.

From July through December of 2020, there were 134 homes sold, with a median sale price of $187,000 - a 18.7% increase over the $157,500 median sale price for the same period of the previous year. There were 132 homes sold in Middleburg Heights in the second half of 2019.

The median sales tax in Middleburg Heights for the most recent year with available data, 2019, was $4,105, approximately 2.2% of the median home sale price for the second half of 2020.

The following table compares Middleburg Heights to other Cuyahoga County cities with similar median sale prices in the second half of 2020:

CityJuly - Dec. 2020 Home SalesJuly - Dec. 2019 Home Sales% change (Total Home Sales)July - Dec. 2020 Median Sales PriceJuly - Dec. 2019 Median Sales Price% change (Median Sales Price)
Walton Hills1718-5.6%$225,000$197,50013.9%
Olmsted Township79755.3%$225,000$201,00011.9%
Seven Hills1191153.5%$215,000$188,50014.1%
Shaker Heights2862811.8%$210,000$180,00016.7%
Fairview Park18014821.6%$189,000$182,0003.8%
Middleburg Heights1341321.5%$187,000$157,50018.7%
Oakwood819-57.9%$175,800$91,00093.2%
Cuyahoga Heights40-$175,250$0-
University Heights1271187.6%$175,000$154,45513.3%
North Olmsted252268-6%$174,950$162,0008%
Brooklyn Heights1019-47.4%$170,900$155,00010.3%

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