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From January through December of 2021, there were 61 homes sold, with a median sale price of $268,000 - a 13.1% increase over the $237,000 median sale price for the previous year. There were 76 homes sold in Independence in 2020.
The median sales tax in Independence for the most recent year with available data, 2019, was $4,487, approximately 1.7% of the median home sale price for 2021.
The following table compares Independence to other Cuyahoga County cities with similar median sale prices in 2021:
City | Jan. - Dec. 2021 Home Sales | Jan. - Dec. 2020 Home Sales | % change (Total Home Sales) | Jan. - Dec. 2021 Median Sales Price | Jan. - Dec. 2020 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Rocky River | 328 | 305 | 7.5% | $291,000 | $275,000 | 5.8% |
Bay Village | 219 | 278 | -21.2% | $285,000 | $262,750 | 8.5% |
Mayfield | 49 | 44 | 11.4% | $280,000 | $252,000 | 11.1% |
Westlake | 432 | 408 | 5.9% | $276,890 | $248,950 | 11.2% |
Glenwillow | 3 | 6 | -50% | $275,000 | $332,500 | -17.3% |
Independence | 61 | 76 | -19.7% | $268,000 | $237,000 | 13.1% |
Strongsville | 576 | 539 | 6.9% | $264,000 | $234,000 | 12.8% |
Broadview Heights | 255 | 290 | -12.1% | $257,600 | $226,000 | 14% |
Walton Hills | 35 | 28 | 25% | $247,500 | $222,450 | 11.3% |
Lakewood | 840 | 792 | 6.1% | $232,500 | $215,000 | 8.1% |
Woodmere | 7 | 5 | 40% | $230,000 | $235,000 | -2.1% |