Middleburg Heights home prices rise in October 2020

Medium realestate4

The median sale price of a home sold in October 2020 in Middleburg Heights rose by $56,500 while total sales decreased by 51.7%, according to BlockShopper.com.

In October 2020, there were 14 homes sold, with a median sale price of $231,500 - a 32.3% increase over the $175,000 median sale price for the same period of the previous year. There were 29 homes sold in Middleburg Heights in October 2019.

The median sales tax in Middleburg Heights for the most recent year with available data, 2019, was $4,105, approximately 1.8% of the median home sale price for October 2020.

The following table compares Middleburg Heights 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)
Olmsted Township812-33.3%$246,250$175,50040.3%
Middleburg Heights1429-51.7%$231,500$175,00032.3%
North Royalton1747-63.8%$230,000$194,50018.3%
Chagrin Falls510-50%$225,000$184,50022%
Seven Hills1115-26.7%$223,500$226,000-1.1%
Shaker Heights3442-19%$199,500$189,9505%

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