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West Cleveland News

Sunday, November 17, 2024

Home prices decreased in Rocky River during December 2020

Realestate077

The median sale price of a home sold in December 2020 in Rocky River fell by $53,500 while total sales increased by 88.9%, according to BlockShopper.com.

In December 2020, there were 34 homes sold, with a median sale price of $260,000 - a 17.1% decrease over the $313,500 median sale price for the same period of the previous year. There were 18 homes sold in Rocky River in December 2019.

The median sales tax in Rocky River for the most recent year with available data, 2019, was $6,098, approximately 2.3% of the median home sale price for December 2020.

The following table compares Rocky River to other Cuyahoga County cities with similar median sale prices in December 2020:

CityDec. 2020 Home SalesDec. 2019 Home Sales% change (Total Home Sales)Dec. 2020 Median Sales PriceDec. 2019 Median Sales Price% change (Median Sales Price)
Woodmere20-$292,000$0-
Valley View23-33.3%$291,700$210,00038.9%
Highland Heights880%$285,000$379,625-24.9%
Independence5366.7%$275,000$168,00063.7%
Solon221729.4%$270,000$251,0007.6%
Rocky River341888.9%$260,000$313,500-17.1%
North Royalton291861.1%$260,000$148,70074.8%
Walton Hills63100%$248,000$225,00010.2%
Strongsville362080%$246,000$193,00027.5%
Lakewood8439115.4%$239,000$171,00039.8%
Shaker Heights443333.3%$235,000$180,00030.6%

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