Home prices decreased in Rocky River during January 2021

Medium realestate3

The median sale price of a home sold in January 2021 in Rocky River fell by $14,000 while total sales decreased by 61.1%, according to BlockShopper.com.

In January 2021, there were seven homes sold, with a median sale price of $250,000 - a 5.3% decrease over the $264,000 median sale price for the same period of the previous year. There were 18 homes sold in Rocky River in January 2020.

The median sales tax in Rocky River for the most recent year with available data, 2019, was $6,098, approximately 2.4% of the median home sale price for January 2021.

The following table compares Rocky River 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)
Walton Hills31200%$270,000$177,90051.8%
Richmond Heights36-50%$255,000$127,62599.8%
Middleburg Heights58-37.5%$255,000$100,500153.7%
Rocky River718-61.1%$250,000$264,000-5.3%
Highland Heights48-50%$230,000$235,000-2.1%
Seven Hills114175%$225,000$153,50046.6%

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