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Sunday, November 17, 2024

Rocky River home prices rose in the first half of 2021

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The median sale price of a home sold in the first half of 2021 in Rocky River rose by $11,500 while total sales increased by 21.1%, according to BlockShopper.com.

From January through June of 2021, there were 155 homes sold, with a median sale price of $275,000 - a 4.4% increase over the $263,500 median sale price for the same period of the previous year. There were 128 homes sold in Rocky River in the first half of 2020.

The median sales tax in Rocky River for the most recent year with available data, 2019, was $6,098, approximately 2.2% of the median home sale price for the first half of 2021.

The following table compares Rocky River to other Cuyahoga County cities with similar median sale prices in the first half of 2021:

CityJan. - June 2021 Home SalesJan. - June 2020 Home Sales% change (Total Home Sales)Jan. - June 2021 Median Sales PriceJan. - June 2020 Median Sales Price% change (Median Sales Price)
Valley View8633.3%$320,875$237,50035.1%
Beachwood935957.6%$315,000$330,000-4.5%
Bratenahl2023-13%$297,500$168,00077.1%
Brecksville1077739%$280,000$270,0003.7%
Bay Village1221165.2%$277,000$248,50011.5%
Rocky River15512821.1%$275,000$263,5004.4%
Highland Heights644930.6%$270,000$240,00012.5%
Independence35329.4%$268,000$191,90039.7%
Westlake22119314.5%$265,000$244,0008.6%
Mayfield22214.8%$265,000$215,70022.9%
Strongsville27822125.8%$254,000$217,50016.8%

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