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South Cuyahoga News

Monday, November 25, 2024

What happened to the median home price in Warrensville Heights during the second quarter of 2021?

Re 12

The median sale price of a home sold in the second quarter of 2021 in Warrensville Heights fell by $14,500 while total sales increased by 17.1%, according to BlockShopper.com.

From April through June of 2021, there were 41 homes sold, with a median sale price of $40,500 - a 26.4% decrease over the $55,000 median sale price for the same period of the previous year. There were 35 homes sold in Warrensville Heights in the second quarter of 2020.

The median sales tax in Warrensville Heights for the most recent year with available data, 2019, was $2,253, approximately 5.6% of the median home sale price for the second quarter of 2021.

The following table compares Warrensville Heights to other Cuyahoga County cities with similar median sale prices in the second quarter of 2021:

CityApr. - June 2021 Home SalesApr. - June 2020 Home Sales% change (Total Home Sales)Apr. - June 2021 Median Sales PriceApr. - June 2020 Median Sales Price% change (Median Sales Price)
Bedford Heights2326-11.5%$125,000$90,00038.9%
Euclid21117917.9%$105,000$81,50028.8%
Bedford563847.4%$104,000$81,00028.4%
Newburgh Heights141040%$92,000$53,25072.8%
Garfield Heights1391380.7%$90,000$65,00038.5%
Maple Heights1501379.5%$87,000$53,00064.2%
North Randall110%$80,000$84,000-4.8%
Cleveland1,5241,31116.2%$68,950$49,29739.9%
Highland Hills110%$65,000$110,000-40.9%
Warrensville Heights413517.1%$40,500$55,000-26.4%
East Cleveland523167.7%$20,550$15,00037%

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