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Saturday, November 16, 2024

How did home prices perform in Middleburg Heights during February 2021?

Re 14

The median sale price of a home sold in February 2021 in Middleburg Heights fell by $1,500 while total sales increased by 16.7%, according to BlockShopper.com.

In February 2021, there were 14 homes sold, with a median sale price of $155,500 - a 1% decrease over the $157,000 median sale price for the same period of the previous year. There were 12 homes sold in Middleburg Heights in February 2020.

The median sales tax in Middleburg Heights for the most recent year with available data, 2019, was $4,105, approximately 2.6% of the median home sale price for February 2021.

The following table compares Middleburg Heights 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)
North Royalton2127-22.2%$165,000$163,0001.2%
Oakwood24-50%$162,500$95,75069.7%
Fairview Park211816.7%$160,000$159,5000.3%
Westlake2127-22.2%$158,000$190,000-16.8%
Parma Heights16156.7%$155,950$127,00022.8%
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%

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