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South Cuyahoga News

Monday, November 25, 2024

Bedford Heights median home prices rose by 38.9% in the second quarter of 2021

Realestate1

The median sale price of a home sold in the second quarter of 2021 in Bedford Heights rose by $35,000 while total sales decreased by 11.5%, according to BlockShopper.com.

From April through June of 2021, there were 23 homes sold, with a median sale price of $125,000 - a 38.9% increase over the $90,000 median sale price for the same period of the previous year. There were 26 homes sold in Bedford Heights in the second quarter of 2020.

The median sales tax in Bedford Heights for the most recent year with available data, 2019, was $3,049, approximately 2.4% of the median home sale price for the second quarter of 2021.

The following table compares Bedford 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)
Parma335336-0.3%$152,000$131,362.5015.7%
Cleveland Heights27323516.2%$150,000$132,00013.6%
Brooklyn3742-11.9%$138,000$124,00011.3%
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%

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