Cleveland Heights home prices rise in the first half of 2020

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The median sale price of a home sold in the first half of 2020 in Cleveland Heights rose by $16,000 while total sales decreased by 28.5%, according to BlockShopper.com.

From January through June of 2020, there were 386 homes sold, with a median sale price of $123,000 - a 15% increase over the $107,000 median sale price for the same period of the previous year. There were 540 homes sold in Cleveland Heights in the first half of 2019.

The median sales tax in Cleveland Heights for the most recent year with available data, 2019, was $4,500, approximately 3.7% of the median home sale price for the first half of 2020.

The following table compares Cleveland Heights to other Cuyahoga County cities with similar median sales prices in the first half of 2020:

CityJan. - June 2020 Home SalesJan. - June 2019 Home Sales% change (Total Home Sales)Jan. - June 2020 Median Sales PriceJan. - June 2019 Median Sales Price% change (Median Sales Price)
Berea110172-36%$142,466$138,0003.2%
Richmond Heights5497-44.3%$135,000$139,000-2.9%
Brook Park136154-11.7%$133,950$125,862.506.4%
Parma Heights104149-30.2%$132,950$120,00010.8%
Parma537766-29.9%$127,500$118,3757.7%
Cleveland Heights386540-28.5%$123,000$107,00015%
Brooklyn5678-28.2%$121,500$101,40019.8%
Highland Hills31200%$110,000$121,500-9.5%
South Euclid219314-30.3%$101,640$85,70018.6%
Oakwood201533.3%$100,750$83,33420.9%
Bedford Heights5264-18.8%$90,000$110,250-18.4%

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