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Saturday, September 13, 2025

Brooklyn home prices rise in the first quarter of 2018

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The median sale price of a home sold in the first quarter of 2018 in Brooklyn rose by $10,000 while total sales increased by 40%, according to BlockShopper.com.

From January through March of 2018, there were 28 homes sold, with a median sale price of $88,500 - a 12.7% increase over the $78,500 median sale price for the same period of the previous year. There were 20 homes sold in Brooklyn in the first quarter of 2017.

The median sales tax in Brooklyn for the most recent year with available data, 2016, was $2,666, approximately 3% of the median home sale price for the first quarter of 2018.

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

CityJan. - Mar. 2018 Home SalesJan. - Mar. 2017 Home Sales% change (Total Home Sales)Jan. - Mar. 2018 Median Sales PriceJan. - Mar. 2017 Median Sales Price% change (Median Sales Price)
Brook Park504122%$106,000$90,00017.8%
Parma30822835.1%$101,000$88,50014.1%
Valley View3250%$95,000$224,750-57.7%
Oakwood12771.4%$92,550$109,000-15.1%
Bedford Heights331973.7%$91,000$78,00016.7%
Brooklyn282040%$88,500$78,50012.7%
Cleveland Heights16210554.3%$74,500$80,000-6.9%
Bedford493732.4%$72,500$68,0006.6%
South Euclid1298551.8%$72,283$57,00026.8%
Woodmere10-$65,000$0-
Euclid24315754.8%$55,000$46,50018.3%

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