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Sunday, November 17, 2024

July 2021: Home prices in Brook Park increased

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The median sale price of a home sold in July 2021 in Brook Park rose by $12,816 while total sales increased by 47.8%, according to BlockShopper.com.

In July 2021, there were 34 homes sold, with a median sale price of $162,500 - a 8.6% increase over the $149,684 median sale price for the same period of the previous year. There were 23 homes sold in Brook Park in July 2020.

The median sales tax in Brook Park for the most recent year with available data, 2019, was $2,822, approximately 1.7% of the median home sale price for July 2021.

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

CityJuly 2021 Home SalesJuly 2020 Home Sales% change (Total Home Sales)July 2021 Median Sales PriceJuly 2020 Median Sales Price% change (Median Sales Price)
Cleveland Heights6688-25%$176,250$140,00025.9%
North Olmsted4042-4.8%$172,495$176,000-2%
Parma Heights3039-23.1%$172,000$133,85028.5%
Parma106120-11.7%$168,250$140,00020.2%
Bedford Heights52150%$163,000$105,00055.2%
Brook Park342347.8%$162,500$149,6848.6%
Oakwood13-66.7%$160,000$141,60013%
Brooklyn191172.7%$157,500$150,5004.7%
Richmond Heights1217-29.4%$147,775$166,500-11.2%
South Euclid4547-4.3%$140,000$110,00027.3%
Euclid6079-24.1%$115,000$69,80064.8%

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