Euclid home prices rise in October 2020

Medium realestate3

The median sale price of a home sold in October 2020 in Euclid rose by $11,100 while total sales decreased by 41.4%, according to BlockShopper.com.

In October 2020, there were 51 homes sold, with a median sale price of $80,000 - a 16.1% increase over the $68,900 median sale price for the same period of the previous year. There were 87 homes sold in Euclid in October 2019.

The median sales tax in Euclid for the most recent year with available data, 2019, was $2,535, approximately 3.2% of the median home sale price for October 2020.

The following table compares Euclid to other Cuyahoga County cities with similar median sales prices in October 2020:

CityOct. 2020 Home SalesOct. 2019 Home Sales% change (Total Home Sales)Oct. 2020 Median Sales PriceOct. 2019 Median Sales Price% change (Median Sales Price)
Bedford Heights413-69.2%$125,950$111,50013%
South Euclid4045-11.1%$122,500$95,00028.9%
Newburgh Heights24-50%$106,500$78,50035.7%
Bedford1416-12.5%$93,658$68,50036.7%
Garfield Heights3478-56.4%$90,000$62,95043%
Euclid5187-41.4%$80,000$68,90016.1%
Cleveland341556-38.7%$59,950$49,90020.1%
Maple Heights3243-25.6%$59,250$57,1003.8%
Warrensville Heights510-50%$57,500$90,750-36.6%
Highland Hills21100%$40,000$21,75083.9%
East Cleveland1112-8.3%$27,900$16,85065.6%

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