The median sale price of a home sold in September 2020 in Richmond Heights rose by $27,000 while total sales increased by 21.4%, according to BlockShopper.com.
In September 2020, there were 17 homes sold, with a median sale price of $165,000 - a 19.6% increase over the $138,000 median sale price for the same period of the previous year. There were 14 homes sold in Richmond Heights in September 2019.
The median sales tax in Richmond Heights for the most recent year with available data, 2019, was $4,409, approximately 2.7% of the median home sale price for September 2020.
The following table compares Richmond Heights to other Cuyahoga County cities with similar median sales prices in September 2020:
| City | Sept. 2020 Home Sales | Sept. 2019 Home Sales | % change (Total Home Sales) | Sept. 2020 Median Sales Price | Sept. 2019 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Shaker Heights | 45 | 55 | -18.2% | $189,900 | $169,000 | 12.4% |
| Fairview Park | 24 | 24 | 0% | $187,000 | $194,750 | -4% |
| North Olmsted | 31 | 52 | -40.4% | $179,900 | $170,000 | 5.8% |
| Bedford Heights | 8 | 11 | -27.3% | $165,250 | $89,000 | 85.7% |
| Mayfield Heights | 19 | 28 | -32.1% | $165,000 | $136,500 | 20.9% |
| Richmond Heights | 17 | 14 | 21.4% | $165,000 | $138,000 | 19.6% |
| Cuyahoga Heights | 1 | 0 | - | $160,000 | $0 | - |
| Lyndhurst | 21 | 35 | -40% | $152,900 | $135,000 | 13.3% |
| Parma Heights | 28 | 40 | -30% | $149,250 | $127,250 | 17.3% |
| Brooklyn Heights | 1 | 3 | -66.7% | $145,000 | $154,900 | -6.4% |
| Parma | 102 | 121 | -15.7% | $143,750 | $119,000 | 20.8% |
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