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South Cuyahoga News

Monday, November 25, 2024

Rising home prices in Solon in June 2021

Realestate2

The median sale price of a home sold in June 2021 in Solon rose by $19,000 while total sales increased by 31.3%, according to BlockShopper.com.

In June 2021, there were 42 homes sold, with a median sale price of $354,000 - a 5.7% increase over the $335,000 median sale price for the same period of the previous year. There were 32 homes sold in Solon in June 2020.

The median sales tax in Solon for the most recent year with available data, 2019, was $7,187, approximately 2% of the median home sale price for June 2021.

The following table compares Solon 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)
Orange42100%$560,000$536,793.504.3%
Pepper Pike15966.7%$535,000$499,0007.2%
Bentleyville12-50%$499,000$381,00031%
Gates Mills8560%$491,250$389,00026.3%
Chagrin Falls13130%$399,000$328,00021.6%
Solon423231.3%$354,000$335,0005.7%
Rocky River23230%$352,000$246,00043.1%
Bratenahl440%$347,500$167,500107.5%
Beachwood201181.8%$333,000$290,00014.8%
Brecksville231464.3%$332,500$260,95027.4%
Westlake484311.6%$325,000$275,00018.2%

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