The median sale price of a home sold in the third quarter of 2020 in Orange rose by $3,500 while total sales increased by 12.5%, according to BlockShopper.com.
From July through September of 2020, there were 18 homes sold, with a median sale price of $326,000 - a 1.1% increase over the $322,500 median sale price for the same period of the previous year. There were 16 homes sold in Orange in the third quarter of 2019.
The median sales tax in Orange for the most recent year with available data, 2019, was $8,330, approximately 2.6% of the median home sale price for the third quarter of 2020.
The following table compares Orange 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) |
---|---|---|---|---|---|---|
Gates Mills | 14 | 7 | 100% | $529,950 | $495,000 | 7.1% |
Pepper Pike | 28 | 35 | -20% | $475,000 | $442,500 | 7.3% |
Moreland Hills | 20 | 17 | 17.6% | $434,500 | $425,000 | 2.2% |
Chagrin Falls | 30 | 29 | 3.4% | $352,500 | $346,000 | 1.9% |
Glenwillow | 3 | 2 | 50% | $345,000 | $320,000 | 7.8% |
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% |