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Saturday, November 23, 2024

Brook Park home prices rise in August 2019

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The median sale price of a home sold in August 2019 in Brook Park rose by $1,350 while total sales increased by 3.3%, according to BlockShopper.com.

In August 2019, there were 31 homes sold, with a median sale price of $126,300 - a 1.1% increase over the $124,950 median sale price for the same period of the previous year. There were 30 homes sold in Brook Park in August 2018.

The median sales tax in Brook Park for the most recent year with available data, 2016, was $2,724, approximately 2.2% of the median home sale price for August 2019.

The following table compares Brook Park to other Cuyahoga County cities with similar median sales prices in August 2019:

CityAug. 2019 Home SalesAug. 2018 Home Sales% change (Total Home Sales)Aug. 2019 Median Sales PriceAug. 2018 Median Sales Price% change (Median Sales Price)
Lyndhurst3451-33.3%$149,450$138,5007.9%
Richmond Heights17988.9%$140,000$146,000-4.1%
Olmsted Falls1619-15.8%$135,750$165,000-17.7%
Berea43430%$131,000$131,700-0.5%
Parma Heights3140-22.5%$129,000$118,0009.3%
Brook Park31303.3%$126,300$124,9501.1%
Parma1641574.5%$125,000$112,25011.4%
Mayfield Heights3041-26.8%$122,500$152,000-19.4%
Brooklyn19190%$116,500$106,0009.9%
Oakwood56-16.7%$107,000$137,500-22.2%
Cleveland Heights76105-27.6%$100,500$109,000-7.8%

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