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Saturday, November 23, 2024

Middleburg Heights home prices fall in January 2018

Re 12

The median sale price of a home sold in January 2018 in Middleburg Heights fell by $12,450 while total sales increased by 37.5%, according to BlockShopper.com.

In January 2018, there were 11 homes sold, with a median sale price of $150,000 - a 7.7% decrease over the $162,450 median sale price for the same period of the previous year. There were eight homes sold in Middleburg Heights in January 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 January 2018.

The following table compares Middleburg Heights to other Cuyahoga County cities with similar median sales prices in January 2018:

CityJan. 2018 Home SalesJan. 2017 Home Sales% change (Total Home Sales)Jan. 2018 Median Sales PriceJan. 2017 Median Sales Price% change (Median Sales Price)
Walton Hills3250%$174,000$301,000-42.2%
Orange51400%$171,000$245,000-30.2%
Broadview Heights2610160%$170,000$197,500-13.9%
Highland Heights34-25%$164,000$173,250-5.3%
Fairview Park201625%$161,500$141,50014.1%
Middleburg Heights11837.5%$150,000$162,450-7.7%
Olmsted Township811-27.3%$148,250$150,000-1.2%
Shaker Heights3335-5.7%$145,000$129,90011.6%
Seven Hills1020-50%$141,875$160,400-11.5%
Richmond Heights10911.1%$141,500$123,45014.6%
Lakewood804386%$141,200$157,000-10.1%

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