Bedford home prices rise in the third quarter of 2020

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The median sale price of a home sold in the third quarter of 2020 in Bedford rose by $34,400 while total sales decreased by 29.2%, according to BlockShopper.com.

From July through September of 2020, there were 51 homes sold, with a median sale price of $101,900 - a 51% increase over the $67,500 median sale price for the same period of the previous year. There were 72 homes sold in Bedford in the third quarter of 2019.

The median sales tax in Bedford for the most recent year with available data, 2019, was $2,435, approximately 2.4% of the median home sale price for the third quarter of 2020.

The following table compares Bedford to other Cuyahoga County cities with similar median sales prices in the third quarter of 2020:

CityJuly - Sept. 2020 Home SalesJuly - Sept. 2019 Home Sales% change (Total Home Sales)July - Sept. 2020 Median Sales PriceJuly - Sept. 2019 Median Sales Price% change (Median Sales Price)
Brooklyn4146-10.9%$138,000$117,50017.4%
Highland Hills10-$137,900$0-
Cleveland Heights23921312.2%$133,000$112,00018.8%
Bedford Heights1932-40.6%$122,000$80,00052.5%
South Euclid128140-8.6%$111,725$91,50022.1%
Bedford5172-29.2%$101,900$67,50051%
Garfield Heights143201-28.9%$80,000$61,50030.1%
Euclid221286-22.7%$75,000$70,0007.1%
Warrensville Heights2836-22.2%$65,000$45,25043.6%
Newburgh Heights315-80%$60,000$55,0009.1%
Maple Heights109174-37.4%$58,880$50,00017.8%

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