Rising home prices in Mayfield in the first quarter of 2021

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The median sale price of a home sold in the first quarter of 2021 in Mayfield rose by $22,000 while total sales remained unchanged with nine homes sold, according to BlockShopper.com.

From January through March of 2021, there were nine homes sold, with a median sale price of $260,000 - a 9.2% increase over the $238,000 median sale price for the same period of the previous year. There were nine homes sold in Mayfield in the first quarter of 2020, as well.

The median sales tax in Mayfield for the most recent year with available data, 2019, was $5,894, approximately 2.3% of the median home sale price for the first quarter of 2021.

The following table compares Mayfield to other Cuyahoga County cities with similar median sale prices in the first quarter of 2021:

CityJan. - Mar. 2021 Home SalesJan. - Mar. 2020 Home Sales% change (Total Home Sales)Jan. - Mar. 2021 Median Sales PriceJan. - Mar. 2020 Median Sales Price% change (Median Sales Price)
Highland Heights392369.6%$260,000$260,0000%
Bay Village524515.6%$255,000$265,000-3.8%
Rocky River685230.8%$248,500$271,000-8.3%
Walton Hills124200%$245,000$183,95033.2%

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