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South Cuyahoga News

Monday, November 25, 2024

June 2021: Home prices in Shaker Heights increased

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The median sale price of a home sold in June 2021 in Shaker Heights rose by $38,750 while total sales increased by 11.7%, according to BlockShopper.com.

In June 2021, there were 67 homes sold, with a median sale price of $278,750 - a 16.1% increase over the $240,000 median sale price for the same period of the previous year. There were 60 homes sold in Shaker Heights in June 2020.

The median sales tax in Shaker Heights for the most recent year with available data, 2019, was $8,387, approximately 3% of the median home sale price for June 2021.

The following table compares Shaker Heights 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)
Highland Heights710-30%$325,000$236,95037.2%
Independence37-57.1%$320,000$179,00078.8%
Strongsville45442.3%$304,900$240,50026.8%
Broadview Heights34326.3%$297,500$235,00026.6%
Mayfield35-40%$280,000$175,00060%
Shaker Heights676011.7%$278,750$240,00016.1%
Bay Village272317.4%$276,000$209,50031.7%
Olmsted Township910-10%$276,000$239,45015.3%
Walton Hills3250%$260,000$204,95026.9%
Lakewood7588-14.8%$245,000$207,00018.4%
Fairview Park2935-17.1%$235,000$197,50019%

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