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South Cuyahoga News

Monday, November 25, 2024

Walton Hills median home prices rose by 21.3% in the first half of 2021

Realestate5

The median sale price of a home sold in the first half of 2021 in Walton Hills rose by $42,500 while total sales increased by 72.7%, according to BlockShopper.com.

From January through June of 2021, there were 19 homes sold, with a median sale price of $242,500 - a 21.3% increase over the $200,000 median sale price for the same period of the previous year. There were 11 homes sold in Walton Hills in the first half of 2020.

The median sales tax in Walton Hills for the most recent year with available data, 2019, was $4,403, approximately 1.8% of the median home sale price for the first half of 2021.

The following table compares Walton 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)
Independence35329.4%$268,000$191,90039.7%
Westlake22119314.5%$265,000$244,0008.6%
Mayfield22214.8%$265,000$215,70022.9%
Strongsville27822125.8%$254,000$217,50016.8%
Brooklyn Heights49-55.6%$250,500$185,00035.4%
Walton Hills191172.7%$242,500$200,00021.3%
Broadview Heights1371296.2%$235,000$245,000-4.1%
Woodmere51400%$230,000$50,000360%
Olmsted Township595311.3%$224,000$197,00013.7%
Lakewood42734324.5%$220,000$195,00012.8%
Seven Hills9195-4.2%$220,000$194,00013.4%

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