Beachwood home prices fall in September 2020

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The median sale price of a home sold in September 2020 in Beachwood fell by $55,500 while total sales increased by 7.1%, according to

In September 2020, there were 15 homes sold, with a median sale price of $245,000 - a 18.5% decrease over the $300,500 median sale price for the same period of the previous year. There were 14 homes sold in Beachwood in September 2019.

The median sales tax in Beachwood for the most recent year with available data, 2019, was $6,984, approximately 2.9% of the median home sale price for September 2020.

The following table compares Beachwood 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)
Bay Village28280%$300,500$223,45034.5%
Walton Hills20-$287,500$0-
Highland Heights1014-28.6%$269,500$216,15024.7%
Olmsted Township14137.7%$251,250$219,00014.7%
Broadview Heights252119%$236,900$227,0004.4%

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