Pricing for the median home in Berea increased during January 2021

Medium realestate4

The median sale price of a home sold in January 2021 in Berea rose by $16,000 while total sales increased by 40%, according to

In January 2021, there were 21 homes sold, with a median sale price of $155,000 - a 11.5% increase over the $139,000 median sale price for the same period of the previous year. There were 15 homes sold in Berea in January 2020.

The median sales tax in Berea for the most recent year with available data, 2019, was $3,596, approximately 2.3% of the median home sale price for January 2021.

The following table compares Berea to other Cuyahoga County cities with similar median sale prices in January 2021:

CityJan. 2021 Home SalesJan. 2020 Home Sales% change (Total Home Sales)Jan. 2021 Median Sales PriceJan. 2020 Median Sales Price% change (Median Sales Price)
Shaker Heights1519-21.1%$195,000$180,0008.3%
Olmsted Township23-33.3%$185,500$61,290202.7%
University Heights12119.1%$169,000$139,90020.8%
Mayfield Heights121020%$148,500$137,0008.4%
North Royalton1020-50%$140,000$96,51045.1%
Olmsted Falls46-33.3%$137,250$89,00054.2%

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