Brooklyn 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 Brooklyn Heights rose by $11,900 while total sales remained unchanged with nine homes sold, according to BlockShopper.com.

From July through September of 2020, there were nine homes sold, with a median sale price of $171,900 - a 7.4% increase over the $160,000 median sale price for the same period of the previous year. There were nine homes sold in Brooklyn Heights in the third quarter of 2019, as well.

The median sales tax in Brooklyn Heights for the most recent year with available data, 2019, was $2,902, approximately 1.7% of the median home sale price for the third quarter of 2020.

The following table compares Brooklyn 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)
North Olmsted118160-26.3%$185,000$166,00011.4%
Walton Hills910-10%$184,900$197,500-6.4%
Middleburg Heights6471-9.9%$184,500$153,00020.6%
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%
Lyndhurst84103-18.4%$153,450$149,9002.4%
Berea70108-35.2%$151,000$136,00011%

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