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West Cleveland News

Sunday, November 17, 2024

Rising home prices in Middleburg Heights in January 2021

Realestate5

The median sale price of a home sold in January 2021 in Middleburg Heights rose by $154,500 while total sales decreased by 37.5%, according to BlockShopper.com.

In January 2021, there were five homes sold, with a median sale price of $255,000 - a 153.7% increase over the $100,500 median sale price for the same period of the previous year. There were eight homes sold in Middleburg Heights in January 2020.

The median sales tax in Middleburg Heights for the most recent year with available data, 2019, was $4,105, approximately 1.6% of the median home sale price for January 2021.

The following table compares Middleburg Heights 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)
Bay Village121020%$325,000$283,50014.6%
Solon914-35.7%$280,000$263,0006.5%
Walton Hills31200%$270,000$177,90051.8%
Westlake1721-19%$258,000$245,0005.3%
Richmond Heights36-50%$255,000$127,62599.8%
Middleburg Heights58-37.5%$255,000$100,500153.7%
Beachwood47-42.9%$253,000$285,500-11.4%
Rocky River718-61.1%$250,000$264,000-5.3%
Brecksville59-44.4%$247,000$205,00020.5%
Bratenahl12-50%$235,000$189,00024.3%
Highland Heights48-50%$230,000$235,000-2.1%

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