Walton Hills home prices fall 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 Walton Hills fell by $12,600 while total sales decreased by 10%, according to BlockShopper.com.

From July through September of 2020, there were nine homes sold, with a median sale price of $184,900 - a 6.4% decrease over the $197,500 median sale price for the same period of the previous year. There were 10 homes sold in Walton Hills in the third quarter of 2019.

The median sales tax in Walton Hills for the most recent year with available data, 2019, was $4,403, approximately 2.4% of the median home sale price for the third quarter of 2020.

The following table compares Walton Hills 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)
Lakewood220279-21.1%$225,000$185,00021.6%
Seven Hills6779-15.2%$214,500$183,75016.7%
Oakwood510-50%$210,000$63,333.50231.6%
Shaker Heights165174-5.2%$209,000$196,2506.5%
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-

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