The median sale price of a home sold in the third quarter of 2020 in University Heights rose by $16,250 while total sales increased by 6.6%, according to BlockShopper.com.
From July through September of 2020, there were 81 homes sold, with a median sale price of $175,000 - a 10.2% increase over the $158,750 median sale price for the same period of the previous year. There were 76 homes sold in University Heights in the third quarter of 2019.
The median sales tax in University Heights for the most recent year with available data, 2019, was $6,243, approximately 3.6% of the median home sale price for the third quarter of 2020.
The following table compares University Heights to other Cuyahoga County cities with similar median sales prices in the third quarter of 2020:
| City | July - Sept. 2020 Home Sales | July - Sept. 2019 Home Sales | % change (Total Home Sales) | July - Sept. 2020 Median Sales Price | July - Sept. 2019 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Shaker Heights | 165 | 174 | -5.2% | $209,000 | $196,250 | 6.5% |
| North Olmsted | 118 | 160 | -26.3% | $185,000 | $166,000 | 11.4% |
| Walton Hills | 9 | 10 | -10% | $184,900 | $197,500 | -6.4% |
| Middleburg Heights | 64 | 71 | -9.9% | $184,500 | $153,000 | 20.6% |
| Fairview Park | 86 | 80 | 7.5% | $183,750 | $188,950 | -2.8% |
| University Heights | 81 | 76 | 6.6% | $175,000 | $158,750 | 10.2% |
| Brooklyn Heights | 9 | 9 | 0% | $171,900 | $160,000 | 7.4% |
| Cuyahoga Heights | 2 | 0 | - | $162,500 | $0 | - |
| Olmsted Falls | 41 | 61 | -32.8% | $162,000 | $135,000 | 20% |
| Mayfield Heights | 68 | 89 | -23.6% | $161,500 | $135,000 | 19.6% |
| Lyndhurst | 84 | 103 | -18.4% | $153,450 | $149,900 | 2.4% |
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