Cleveland Heights 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 Cleveland Heights rose by $21,000 while total sales increased by 12.2%, according to BlockShopper.com.

From July through September of 2020, there were 239 homes sold, with a median sale price of $133,000 - a 18.8% increase over the $112,000 median sale price for the same period of the previous year. There were 213 homes sold in Cleveland Heights in the third quarter of 2019.

The median sales tax in Cleveland Heights for the most recent year with available data, 2019, was $4,500, approximately 3.4% of the median home sale price for the third quarter of 2020.

The following table compares Cleveland Heights 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)
Brook Park6485-24.7%$145,050$130,00011.6%
Parma352405-13.1%$140,050$123,00113.9%
Parma Heights94106-11.3%$140,000$126,75010.5%
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%

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