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South Cuyahoga News

Monday, November 25, 2024

Median home prices in Newburgh Heights rose to $92,000 in the second quarter of 2021

Re 14

The median sale price of a home sold in the second quarter of 2021 in Newburgh Heights rose by $38,750 while total sales increased by 40%, according to BlockShopper.com.

From April through June of 2021, there were 14 homes sold, with a median sale price of $92,000 - a 72.8% increase over the $53,250 median sale price for the same period of the previous year. There were 10 homes sold in Newburgh Heights in the second quarter of 2020.

The median sales tax in Newburgh Heights for the most recent year with available data, 2019, was $1,938, approximately 2.1% of the median home sale price for the second quarter of 2021.

The following table compares Newburgh 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)
South Euclid14912618.3%$136,000$115,00018.3%
Oakwood121020%$130,000$162,000-19.8%
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%

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