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South Cuyahoga News

Monday, November 25, 2024

What happened to the median home price in South Euclid during June 2021?

Re 1

The median sale price of a home sold in June 2021 in South Euclid rose by $24,380 while total sales increased by 17.8%, according to BlockShopper.com.

In June 2021, there were 53 homes sold, with a median sale price of $144,880 - a 20.2% increase over the $120,500 median sale price for the same period of the previous year. There were 45 homes sold in South Euclid in June 2020.

The median sales tax in South Euclid for the most recent year with available data, 2019, was $3,252, approximately 2.2% of the median home sale price for June 2021.

The following table compares South Euclid to other Cuyahoga County cities with similar median sale prices in June 2021:

CityJune 2021 Home SalesJune 2020 Home Sales% change (Total Home Sales)June 2021 Median Sales PriceJune 2020 Median Sales Price% change (Median Sales Price)
Olmsted Falls1521-28.6%$165,000$165,0000%
Cleveland Heights998713.8%$160,000$130,00023.1%
Parma Heights1321-38.1%$160,000$145,00010.3%
Brook Park1735-51.4%$155,375$135,00015.1%
Parma112121-7.4%$151,500$135,00012.2%
South Euclid534517.8%$144,880$120,50020.2%
Brooklyn1215-20%$135,250$121,00011.8%
Oakwood4333.3%$133,000$174,000-23.6%
Bedford Heights770%$125,000$99,00026.3%
Bedford178112.5%$120,000$91,70030.9%
Euclid695623.2%$107,000$83,00028.9%

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