Pepper Pike home prices rise in October 2020

Medium realestate2

The median sale price of a home sold in October 2020 in Pepper Pike rose by $204,500 while total sales decreased by 25%, according to BlockShopper.com.

In October 2020, there were six homes sold, with a median sale price of $605,750 - a 51% increase over the $401,250 median sale price for the same period of the previous year. There were eight homes sold in Pepper Pike in October 2019.

The median sales tax in Pepper Pike for the most recent year with available data, 2019, was $10,875, approximately 1.8% of the median home sale price for October 2020.

The following table compares Pepper Pike 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)
Pepper Pike68-25%$605,750$401,25051%
Moreland Hills47-42.9%$405,500$199,000103.8%
Mayfield220%$391,000$277,00041.2%
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%

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