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Sunday, November 17, 2024

Brook Park home prices rose in May 2021

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The median sale price of a home sold in May 2021 in Brook Park rose by $12,625 while total sales decreased by 21.9%, according to BlockShopper.com.

In May 2021, there were 25 homes sold, with a median sale price of $160,000 - a 8.6% increase over the $147,375 median sale price for the same period of the previous year. There were 32 homes sold in Brook Park in May 2020.

The median sales tax in Brook Park for the most recent year with available data, 2019, was $2,822, approximately 1.8% of the median home sale price for May 2021.

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

CityMay 2021 Home SalesMay 2020 Home Sales% change (Total Home Sales)May 2021 Median Sales PriceMay 2020 Median Sales Price% change (Median Sales Price)
Lyndhurst2230-26.7%$179,100$154,95015.6%
Parma Heights302236.4%$173,250$136,75026.7%
Berea23224.5%$168,000$140,50019.6%
Mayfield Heights211816.7%$161,900$169,950-4.7%
Richmond Heights12850%$160,000$157,5001.6%
Brook Park2532-21.9%$160,000$147,3758.6%
Parma8597-12.4%$158,000$129,00022.5%
Broadview Heights932-71.9%$151,000$191,450-21.1%
Cleveland Heights7280-10%$147,000$137,4506.9%
Brooklyn712-41.7%$145,000$128,75012.6%
Bedford Heights9812.5%$125,000$92,75034.8%

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