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South Cuyahoga News

Monday, November 25, 2024

Highland Hills home prices fell in the first half of 2021

Realestate2

The median sale price of a home sold in the first half of 2021 in Highland Hills fell by $62,500 while total sales remained unchanged with three homes sold, according to BlockShopper.com.

From January through June of 2021, there were three homes sold, with a median sale price of $47,500 - a 56.8% decrease over the $110,000 median sale price for the same period of the previous year. There were three homes sold in Highland Hills in the first half of 2020, as well.

The median sales tax in Highland Hills for the most recent year with available data, 2019, was $2,883, approximately 6.1% of the median home sale price for the first half of 2021.

The following table compares Highland Hills to other Cuyahoga County cities with similar median sale prices in the first half of 2021:

CityJan. - June 2021 Home SalesJan. - June 2020 Home Sales% change (Total Home Sales)Jan. - June 2021 Median Sales PriceJan. - June 2020 Median Sales Price% change (Median Sales Price)
Glenwillow13-66.7%$110,000$294,500-62.6%
North Randall330%$104,900$84,00024.9%
Euclid41833524.8%$95,000$72,00031.9%
Bedford1157357.5%$95,000$81,00017.3%
Garfield Heights30025816.3%$88,250$64,05637.8%
Maple Heights31323135.5%$78,900$49,90058.1%
Newburgh Heights19190%$74,000$60,50022.3%
Cleveland3,2202,43832.1%$65,000$46,00041.3%
Highland Hills330%$47,500$110,000-56.8%
Warrensville Heights926150.8%$40,000$54,000-25.9%
East Cleveland975576.4%$22,000$18,50018.9%

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