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West Cleveland News

Sunday, November 17, 2024

Home prices increased in Rocky River during November 2021

Re 12

The median sale price of a home sold in November 2021 in Rocky River rose by $35,250 while total sales decreased by 11.8%, according to BlockShopper.com.

In November 2021, there were 30 homes sold, with a median sale price of $296,250 - a 13.5% increase over the $261,000 median sale price for the same period of the previous year. There were 34 homes sold in Rocky River in November 2020.

The median sales tax in Rocky River for the most recent year with available data, 2019, was $6,098, approximately 2.1% of the median home sale price for November 2021.

The following table compares Rocky River to other Cuyahoga County cities with similar median sale prices in November 2021:

CityNov. 2021 Home SalesNov. 2020 Home Sales% change (Total Home Sales)Nov. 2021 Median Sales PriceNov. 2020 Median Sales Price% change (Median Sales Price)
Woodmere110%$342,500$115,000197.8%
Orange330%$339,900$550,000-38.2%
Solon1722-22.7%$319,500$275,75015.9%
Bratenahl47-42.9%$308,750$550,000-43.9%
Westlake3543-18.6%$300,000$238,00026.1%
Rocky River3034-11.8%$296,250$261,00013.5%
Brecksville1720-15%$295,000$263,75011.8%
Bay Village1226-53.8%$287,500$260,00010.6%
Seven Hills824-66.7%$285,000$217,50031%
Mayfield57-28.6%$276,000$282,000-2.1%
Strongsville4868-29.4%$271,000$245,00010.6%

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