Berea home prices rise in October 2020

Medium realestate4

The median sale price of a home sold in October 2020 in Berea rose by $20,250 while total sales decreased by 55.3%, according to

In October 2020, there were 17 homes sold, with a median sale price of $168,000 - a 13.7% increase over the $147,750 median sale price for the same period of the previous year. There were 38 homes sold in Berea in October 2019.

The median sales tax in Berea for the most recent year with available data, 2019, was $3,596, approximately 2.1% of the median home sale price for October 2020.

The following table compares Berea 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)
Shaker Heights3442-19%$199,500$189,9505%
Broadview Heights1942-54.8%$193,000$180,0007.2%
Fairview Park33330%$192,500$165,00016.7%
Cuyahoga Heights10-$185,500$0-
University Heights1022-54.5%$169,500$131,00029.4%
North Olmsted3256-42.9%$165,000$169,000-2.4%
Richmond Heights517-70.6%$155,000$148,5004.4%
Mayfield Heights272412.5%$150,000$134,25011.7%
Parma Heights1424-41.7%$147,450$109,00035.3%

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