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Sunday, November 17, 2024

Median home prices in Rocky River rose to $275,000 in 2020

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The median sale price of a home sold in 2020 in Rocky River rose by $40,000 while total sales decreased by 32.4%, according to BlockShopper.com.

From January through December of 2020, there were 305 homes sold, with a median sale price of $275,000 - a 17% increase over the $235,000 median sale price for the previous year. There were 451 homes sold in Rocky River in 2019.

The median sales tax in Rocky River for the most recent year with available data, 2019, was $6,098, approximately 2.2% of the median home sale price for 2020.

The following table compares Rocky River 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)
Chagrin Falls88104-15.4%$321,500$290,00010.9%
Orange5265-20%$318,500$357,000-10.8%
Solon325365-11%$300,000$292,0002.7%
Beachwood142160-11.3%$296,000$300,000-1.3%
Brecksville174219-20.5%$280,000$242,00015.7%
Rocky River305451-32.4%$275,000$235,00017%
Bay Village276354-22%$262,750$234,25012.2%
Bratenahl4957-14%$262,500$280,000-6.3%
Valley View1618-11.1%$262,450$193,00036%
Mayfield44440%$252,000$238,5005.7%
Westlake407477-14.7%$249,900$225,00011.1%

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