Orange home prices fall in October 2020

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The median sale price of a home sold in October 2020 in Orange fell by $83,450 while total sales decreased by 50%, according to BlockShopper.com.

In October 2020, there were five homes sold, with a median sale price of $312,000 - a 21.1% decrease over the $395,450 median sale price for the same period of the previous year. There were 10 homes sold in Orange in October 2019.

The median sales tax in Orange for the most recent year with available data, 2019, was $8,330, approximately 2.7% of the median home sale price for October 2020.

The following table compares Orange 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)
Independence27-71.4%$367,500$237,00055.1%
Highland Heights915-40%$366,500$262,00039.9%
Rocky River1644-63.6%$335,000$255,00031.4%
Solon272317.4%$320,000$255,00025.5%
Brecksville926-65.4%$313,500$227,00038.1%
Orange510-50%$312,000$395,450-21.1%
Westlake2950-42%$309,500$237,50030.3%
Bay Village1135-68.6%$295,000$261,50012.8%
Beachwood126100%$290,000$256,25013.2%
Bratenahl14-75%$262,500$186,25040.9%
Strongsville4056-28.6%$261,000$223,25016.9%

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