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West Cleveland News

Sunday, November 17, 2024

July 2021: Home prices in Rocky River increased

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The median sale price of a home sold in July 2021 in Rocky River rose by $117,500 while total sales decreased by 3.1%, according to BlockShopper.com.

In July 2021, there were 31 homes sold, with a median sale price of $367,500 - a 47% increase over the $250,000 median sale price for the same period of the previous year. There were 32 homes sold in Rocky River in July 2020.

The median sales tax in Rocky River for the most recent year with available data, 2019, was $6,098, approximately 1.7% of the median home sale price for July 2021.

The following table compares Rocky River 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)
Pepper Pike912-25%$504,000$452,50011.4%
Chagrin Falls10825%$410,000$235,00074.5%
Orange46-33.3%$387,450$298,50029.8%
Beachwood13128.3%$386,500$308,50025.3%
Highland Heights11110%$370,000$180,000105.6%
Rocky River3132-3.1%$367,500$250,00047%
Brecksville1721-19%$365,000$251,00045.4%
Mayfield440%$363,500$272,50033.4%
Westlake2944-34.1%$354,000$234,50051%
Solon2847-40.4%$338,700$300,00012.9%
Independence311-72.7%$335,900$255,00031.7%

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