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West Cleveland News

Sunday, November 17, 2024

Median home prices in Brook Park rose to $140,000 in 2020

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The median sale price of a home sold in 2020 in Brook Park rose by $14,000 while total sales decreased by 6.2%, according to BlockShopper.com.

From January through December of 2020, there were 273 homes sold, with a median sale price of $140,000 - a 11.1% increase over the $126,000 median sale price for the previous year. There were 291 homes sold in Brook Park in 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 2020.

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

CityJan. - Dec. 2020 Home SalesJan. - Dec. 2019 Home Sales% change (Total Home Sales)Jan. - Dec. 2020 Median Sales PriceJan. - Dec. 2019 Median Sales Price% change (Median Sales Price)
Olmsted Falls168180-6.7%$161,000$149,0008.1%
Mayfield Heights275299-8%$156,000$136,00014.7%
Lyndhurst322380-15.3%$152,450$142,2507.2%
Berea262342-23.4%$148,050$139,9005.8%
Richmond Heights129178-27.5%$145,900$139,5004.6%
Brook Park273291-6.2%$140,000$126,00011.1%
Parma Heights271311-12.9%$140,000$121,00015.7%
Oakwood2834-17.6%$137,300$86,66758.4%
Parma1,2361,433-13.7%$135,000$120,00012.5%
Cleveland Heights814921-11.6%$127,000$105,00021%
Brooklyn139155-10.3%$125,000$109,90013.7%

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