Middleburg Heights home prices fall in the first half of 2018

Middleburg Heights home prices fall in the first half of 2018
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The median sale price of a home sold in the first half of 2018 in Middleburg Heights fell by $500 while total sales increased by 18.2%, according to BlockShopper.com.

From January through June of 2018, there were 117 homes sold, with a median sale price of $149,000 – a 0.3% decrease over the $149,500 median sale price for the same period of the previous year. There were 99 homes sold in Middleburg Heights in the first half of 2017.

The median sales tax in Middleburg Heights for the most recent year with available data, 2016, was $4,008, approximately 2.7% of the median home sale price for the first half of 2018.

The following table compares Middleburg Heights to other Cuyahoga County cities with similar median sales prices in the first half of 2018:

City Jan. – June 2018 Home Sales Jan. – June 2017 Home Sales % change (Total Home Sales) Jan. – June 2018 Median Sales Price Jan. – June 2017 Median Sales Price % change (Median Sales Price)
Shaker Heights 347 224 54.9% $174,750 $167,500 4.3%
Seven Hills 100 75 33.3% $174,000 $159,900 8.8%
North Royalton 213 152 40.1% $166,000 $137,500 20.7%
Walton Hills 17 11 54.5% $161,000 $189,475 -15%
Lakewood 531 321 65.4% $160,000 $145,000 10.3%
Middleburg Heights 117 99 18.2% $149,000 $149,500 -0.3%
North Olmsted 269 206 30.6% $143,000 $138,500 3.2%
Olmsted Falls 85 70 21.4% $141,000 $139,000 1.4%
University Heights 171 128 33.6% $135,000 $147,000 -8.2%
Mayfield Heights 175 97 80.4% $131,500 $124,000 6%
Lyndhurst 224 125 79.2% $131,500 $130,000 1.2%


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