The median sale price of a home sold in the third quarter of 2020 in Rocky River rose by $42,500 while total sales decreased by 33.3%, according to BlockShopper.com.
From July through September of 2020, there were 90 homes sold, with a median sale price of $285,500 - a 17.5% increase over the $243,000 median sale price for the same period of the previous year. There were 135 homes sold in Rocky River in the third quarter of 2019.
The median sales tax in Rocky River for the most recent year with available data, 2019, was $6,098, approximately 2.1% of the median home sale price for the third quarter of 2020.
The following table compares Rocky River 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) |
|---|---|---|---|---|---|---|
| Orange | 18 | 16 | 12.5% | $326,000 | $322,500 | 1.1% |
| Solon | 116 | 108 | 7.4% | $310,000 | $315,000 | -1.6% |
| Bratenahl | 14 | 20 | -30% | $293,700 | $357,500 | -17.8% |
| Beachwood | 43 | 55 | -21.8% | $290,000 | $310,000 | -6.5% |
| Bay Village | 97 | 95 | 2.1% | $290,000 | $238,000 | 21.8% |
| Rocky River | 90 | 135 | -33.3% | $285,500 | $243,000 | 17.5% |
| Valley View | 6 | 5 | 20% | $272,500 | $159,900 | 70.4% |
| Brecksville | 46 | 59 | -22% | $258,000 | $260,000 | -0.8% |
| Westlake | 108 | 122 | -11.5% | $256,500 | $215,625 | 19% |
| Independence | 25 | 24 | 4.2% | $254,000 | $235,000 | 8.1% |
| Mayfield | 8 | 15 | -46.7% | $247,500 | $183,000 | 35.2% |
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