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Sunday, November 17, 2024

Home prices increased in Middleburg Heights during the second quarter of 2021

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The median sale price of a home sold in the second quarter of 2021 in Middleburg Heights rose by $42,075 while total sales increased by 23.1%, according to BlockShopper.com.

From April through June of 2021, there were 64 homes sold, with a median sale price of $202,000 - a 26.3% increase over the $159,925 median sale price for the same period of the previous year. There were 52 homes sold in Middleburg Heights in the second quarter of 2020.

The median sales tax in Middleburg Heights for the most recent year with available data, 2019, was $4,105, approximately 2% of the median home sale price for the second quarter of 2021.

The following table compares Middleburg Heights to other Cuyahoga County cities with similar median sale prices in the second quarter of 2021:

CityApr. - June 2021 Home SalesApr. - June 2020 Home Sales% change (Total Home Sales)Apr. - June 2021 Median Sales PriceApr. - June 2020 Median Sales Price% change (Median Sales Price)
Walton Hills770%$225,000$224,9000%
University Heights9798-1%$215,000$173,70023.8%
Seven Hills4665-29.2%$212,250$207,5002.3%
North Royalton91100-9%$210,000$183,87514.2%
Woodmere40-$206,750$0-
Middleburg Heights645223.1%$202,000$159,92526.3%
North Olmsted1331330%$195,000$175,00011.4%
Lyndhurst87826.1%$182,700$154,09518.6%
Berea6467-4.5%$179,450$144,50024.2%
Olmsted Falls4250-16%$177,875$166,5006.8%
Richmond Heights33323.1%$173,600$136,25027.4%

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