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Sunday, November 17, 2024

Brook Park home prices fell in January 2021

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The median sale price of a home sold in January 2021 in Brook Park fell by $8,700 while total sales decreased by 50%, according to BlockShopper.com.

In January 2021, there were four homes sold, with a median sale price of $123,750 - a 6.6% decrease over the $132,450 median sale price for the same period of the previous year. There were eight homes sold in Brook Park in January 2020.

The median sales tax in Brook Park for the most recent year with available data, 2019, was $2,822, approximately 2.3% of the median home sale price for January 2021.

The following table compares Brook Park to other Cuyahoga County cities with similar median sale prices in January 2021:

CityJan. 2021 Home SalesJan. 2020 Home Sales% change (Total Home Sales)Jan. 2021 Median Sales PriceJan. 2020 Median Sales Price% change (Median Sales Price)
Olmsted Falls46-33.3%$137,250$89,00054.2%
Lyndhurst914-35.7%$134,000$145,350-7.8%
Parma3655-34.5%$132,500$124,9006.1%
South Euclid1637-56.8%$130,950$79,00065.8%
Parma Heights816-50%$125,500$107,50016.7%
Brook Park48-50%$123,750$132,450-6.6%
Fairview Park412-66.7%$123,000$189,941-35.2%
North Olmsted1529-48.3%$120,000$146,000-17.8%
Bedford78-12.5%$115,000$71,75060.3%
Bedford Heights39-66.7%$98,000$80,00022.5%
Maple Heights2132-34.4%$93,500$42,000122.6%

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