Fairview Park home prices rise in October 2020

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The median sale price of a home sold in October 2020 in Fairview Park rose by $27,500 while total sales remained unchanged with 33 homes sold, according to BlockShopper.com.

In October 2020, there were 33 homes sold, with a median sale price of $192,500 - a 16.7% increase over the $165,000 median sale price for the same period of the previous year. There were 33 homes sold in Fairview Park in October 2019, as well.

The median sales tax in Fairview Park for the most recent year with available data, 2019, was $4,651, approximately 2.4% of the median home sale price for October 2020.

The following table compares Fairview Park 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)
Chagrin Falls510-50%$225,000$184,50022%
Seven Hills1115-26.7%$223,500$226,000-1.1%
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%

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