Mayfield 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 Mayfield Heights rose by $26,500 while total sales decreased by 23.6%, according to

From July through September of 2020, there were 68 homes sold, with a median sale price of $161,500 - a 19.6% increase over the $135,000 median sale price for the same period of the previous year. There were 89 homes sold in Mayfield Heights in the third quarter of 2019.

The median sales tax in Mayfield Heights for the most recent year with available data, 2019, was $3,684, approximately 2.3% of the median home sale price for the third quarter of 2020.

The following table compares Mayfield 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)
Fairview Park86807.5%$183,750$188,950-2.8%
University Heights81766.6%$175,000$158,75010.2%
Brooklyn Heights990%$171,900$160,0007.4%
Cuyahoga Heights20-$162,500$0-
Olmsted Falls4161-32.8%$162,000$135,00020%
Mayfield Heights6889-23.6%$161,500$135,00019.6%
Richmond Heights4041-2.4%$147,950$134,9009.7%
Brook Park6485-24.7%$145,050$130,00011.6%

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