University Heights home prices rise in September 2020

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The median sale price of a home sold in September 2020 in University Heights rose by $71,100 while total sales decreased by 31.6%, according to BlockShopper.com.

In September 2020, there were 13 homes sold, with a median sale price of $211,000 - a 50.8% increase over the $139,900 median sale price for the same period of the previous year. There were 19 homes sold in University Heights in September 2019.

The median sales tax in University Heights for the most recent year with available data, 2019, was $6,243, approximately 3% of the median home sale price for September 2020.

The following table compares University Heights to other Cuyahoga County cities with similar median sales prices in September 2020:

CitySept. 2020 Home SalesSept. 2019 Home Sales% change (Total Home Sales)Sept. 2020 Median Sales PriceSept. 2019 Median Sales Price% change (Median Sales Price)
Lakewood6277-19.5%$239,500$178,50034.2%
Independence880%$237,000$235,0000.9%
Broadview Heights252119%$236,900$227,0004.4%
Middleburg Heights1325-48%$220,814$162,00036.3%
Seven Hills2324-4.2%$217,000$183,37518.3%
University Heights1319-31.6%$211,000$139,90050.8%
Oakwood12-50%$210,000$145,25044.6%
North Royalton3049-38.8%$205,375$152,00035.1%
Olmsted Falls1418-22.2%$193,500$165,97116.6%
Shaker Heights4555-18.2%$189,900$169,00012.4%
Fairview Park24240%$187,000$194,750-4%

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