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West Cleveland News

Saturday, November 23, 2024

Rising home prices in Brook Park in April

Realestate4

The median sale price of a home sold in April in Brook Park rose by $23,000 while total sales decreased by 42.9 percent, according to BlockShopper.com.

In April, there were 16 homes sold, with a median sale price of $170,500 - a 15.6 percent increase over the $147,500 median sale price for the same period of the previous year. There were 28 homes sold in Brook Park in April 2021.

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

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

CityApril 2022 Home SalesApril 2021 Home Sales% change (Total Home Sales)April 2022 Median Sales PriceApril 2021 Median Sales Price% change (Median Sales Price)
Orange3250$211,978$501,000-57.7
Lyndhurst2226-15.4$207,803$165,00025.9
North Olmsted1751-66.7$207,000$190,0008.9
Oakwood34-25$205,000$149,50037.1
Richmond Heights511-54.5$193,000$167,00015.6
Brook Park1628-42.9$170,500$147,50015.6
Parma Heights1526-42.3$165,000$151,1259.2
Parma79134-41$160,000$146,0009.6
Cleveland Heights4598-54.1$160,000$140,50013.9
Berea1425-44$160,000$188,000-14.9
Bedford Heights46-33.3$154,750$93,05066.3

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