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Saturday, November 16, 2024

Berea median home prices rose by 7.2% in February 2021

Re 11

The median sale price of a home sold in February 2021 in Berea rose by $9,680 while total sales increased by 54.5%, according to BlockShopper.com.

In February 2021, there were 17 homes sold, with a median sale price of $144,680 - a 7.2% increase over the $135,000 median sale price for the same period of the previous year. There were 11 homes sold in Berea in February 2020.

The median sales tax in Berea for the most recent year with available data, 2019, was $3,596, approximately 2.5% of the median home sale price for February 2021.

The following table compares Berea to other Cuyahoga County cities with similar median sale prices in February 2021:

CityFeb. 2021 Home SalesFeb. 2020 Home Sales% change (Total Home Sales)Feb. 2021 Median Sales PriceFeb. 2020 Median Sales Price% change (Median Sales Price)
Middleburg Heights141216.7%$155,500$157,000-1%
Shaker Heights322910.3%$152,500$198,000-23%
Mayfield Heights221915.8%$146,700$153,750-4.6%
Richmond Heights9650%$145,000$153,500-5.5%
Parma1137061.4%$145,000$114,067.5027.1%
Berea171154.5%$144,680$135,0007.2%
Brook Park1719-10.5%$142,500$125,00014%
Bedford Heights880%$137,750$110,212.5025%
Olmsted Falls9812.5%$132,000$133,750-1.3%
Newburgh Heights14-75%$129,500$73,75075.6%
Cleveland Heights584918.4%$127,000$110,00015.5%

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