Mayfield 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 rose by $64,500 while total sales decreased by 46.7%, according to

From July through September of 2020, there were eight homes sold, with a median sale price of $247,500 - a 35.2% increase over the $183,000 median sale price for the same period of the previous year. There were 15 homes sold in Mayfield in the third quarter of 2019.

The median sales tax in Mayfield for the most recent year with available data, 2019, was $5,894, approximately 2.4% of the median home sale price for the third quarter of 2020.

The following table compares Mayfield 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)
Rocky River90135-33.3%$285,500$243,00017.5%
Valley View6520%$272,500$159,90070.4%
Olmsted Township3655-34.5%$246,250$220,00011.9%
Highland Heights3341-19.5%$243,000$246,000-1.2%
Broadview Heights908012.5%$236,450$243,750-3%
North Royalton101130-22.3%$232,000$179,50029.2%

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