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West Cleveland News

Monday, November 18, 2024

Median home prices in Fairview Park rose to $240,500 in October 2021

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The median sale price of a home sold in October 2021 in Fairview Park rose by $41,500 while total sales decreased by 22.9%, according to BlockShopper.com.

In October 2021, there were 27 homes sold, with a median sale price of $240,500 - a 20.9% increase over the $199,000 median sale price for the same period of the previous year. There were 35 homes sold in Fairview Park in October 2020.

The median sales tax in Fairview Park for the most recent year with available data, 2019, was $4,651, approximately 1.9% of the median home sale price for October 2021.

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

CityOct. 2021 Home SalesOct. 2020 Home Sales% change (Total Home Sales)Oct. 2021 Median Sales PriceOct. 2020 Median Sales Price% change (Median Sales Price)
Westlake35342.9%$270,500$309,750-12.7%
Bay Village1416-12.5%$257,500$297,500-13.4%
Seven Hills171241.7%$255,000$211,75020.4%
Lakewood5767-14.9%$245,000$215,10013.9%
Strongsville3345-26.7%$244,275$273,000-10.5%
Fairview Park2735-22.9%$240,500$199,00020.9%
North Royalton251931.6%$240,000$210,00014.3%
Middleburg Heights18180%$230,000$207,50010.8%
Shaker Heights463821.1%$225,000$197,00014.2%
Olmsted Falls181163.6%$206,500$174,00018.7%
University Heights3110210%$201,350$169,50018.8%

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