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Saturday, November 23, 2024

Brook Park home prices rise in January 2018

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The median sale price of a home sold in January 2018 in Brook Park rose by $15,700 while total sales increased by 7.7%, according to BlockShopper.com.

In January 2018, there were 14 homes sold, with a median sale price of $110,700 - a 16.5% increase over the $95,000 median sale price for the same period of the previous year. There were 13 homes sold in Brook Park in January 2017.

The median sales tax in Brook Park for the most recent year with available data, 2016, was $2,724, approximately 2.5% of the median home sale price for January 2018.

The following table compares Brook Park 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)
Lyndhurst211450%$137,000$113,75020.4%
North Olmsted2932-9.4%$135,000$114,45018%
University Heights1921-9.5%$128,500$125,0002.8%
North Royalton25244.2%$124,485$108,37514.9%
Cuyahoga Heights12-50%$115,000$117,500-2.1%
Brook Park14137.7%$110,700$95,00016.5%
Mayfield Heights181428.6%$108,500$99,0009.6%
Valley View21100%$106,100$299,500-64.6%
Berea221369.2%$105,500$99,0006.6%
Parma96951.1%$94,950$92,5002.6%
Oakwood34-25%$90,000$93,050-3.3%

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