In August 2021, there were three homes sold, with a median sale price of $280,000 - a 45.6% decrease over the $515,000 median sale price for the same period of the previous year. There were five homes sold in Moreland Hills in August 2020.
The median sales tax in Moreland Hills for the most recent year with available data, 2019, was $11,582, approximately 4.1% of the median home sale price for August 2021.
The following table compares Moreland Hills to other Cuyahoga County cities with similar median sale prices in August 2021:
City | Aug. 2021 Home Sales | Aug. 2020 Home Sales | % change (Total Home Sales) | Aug. 2021 Median Sales Price | Aug. 2020 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Broadview Heights | 16 | 30 | -46.7% | $345,950 | $218,000 | 58.7% |
Valley View | 1 | 3 | -66.7% | $345,000 | $129,500 | 166.4% |
Solon | 23 | 39 | -41% | $342,650 | $332,500 | 3.1% |
Brecksville | 14 | 15 | -6.7% | $337,500 | $317,000 | 6.5% |
Highland Heights | 4 | 12 | -66.7% | $281,150 | $285,000 | -1.4% |
Moreland Hills | 3 | 5 | -40% | $280,000 | $515,000 | -45.6% |
Chagrin Falls | 3 | 8 | -62.5% | $275,000 | $365,000 | -24.7% |
Walton Hills | 1 | 4 | -75% | $269,919 | $168,000 | 60.7% |
Beachwood | 13 | 16 | -18.8% | $260,000 | $309,375 | -16% |
Strongsville | 39 | 50 | -22% | $260,000 | $240,500 | 8.1% |
Fairview Park | 17 | 26 | -34.6% | $245,000 | $189,400 | 29.4% |