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West Cleveland News

Sunday, November 17, 2024

Rocky River home prices rose in May 2021

Realestate077

The median sale price of a home sold in May 2021 in Rocky River rose by $22,000 while total sales decreased by 13.8%, according to BlockShopper.com.

In May 2021, there were 25 homes sold, with a median sale price of $287,000 - a 8.3% increase over the $265,000 median sale price for the same period of the previous year. There were 29 homes sold in Rocky River in May 2020.

The median sales tax in Rocky River for the most recent year with available data, 2019, was $6,098, approximately 2.1% of the median home sale price for May 2021.

The following table compares Rocky River 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)
Highland Heights9650%$395,000$214,50084.1%
Beachwood207185.7%$356,450$367,000-2.9%
Bratenahl550%$344,000$145,000137.2%
Westlake3234-5.9%$332,500$247,50034.3%
Solon262030%$294,949.50$372,750-20.9%
Rocky River2529-13.8%$287,000$265,0008.3%
Brooklyn Heights13-66.7%$286,000$155,00084.5%
Strongsville4344-2.3%$283,000$212,00033.5%
Mayfield440%$275,500$262,5005%
Independence46-33.3%$270,000$294,000-8.2%
Olmsted Township10100%$258,000$157,25064.1%

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