What happened to the median home price in Richmond Heights during April 2021?

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The median sale price of a home sold in April 2021 in Richmond Heights rose by $23,500 while total sales decreased by 28.6%, according to BlockShopper.com.

In April 2021, there were 10 homes sold, with a median sale price of $156,000 - a 17.7% increase over the $132,500 median sale price for the same period of the previous year. There were 14 homes sold in Richmond Heights in April 2020.

The median sales tax in Richmond Heights for the most recent year with available data, 2019, was $4,409, approximately 2.8% of the median home sale price for April 2021.

The following table compares Richmond Heights to other Cuyahoga County cities with similar median sale prices in April 2021:

CityApr. 2021 Home SalesApr. 2020 Home Sales% change (Total Home Sales)Apr. 2021 Median Sales PriceApr. 2020 Median Sales Price% change (Median Sales Price)
North Royalton383026.7%$177,400$161,5009.8%
Olmsted Falls1617-5.9%$169,000$180,000-6.1%
Mayfield Heights422290.9%$156,500$133,25017.4%
Richmond Heights1014-28.6%$156,000$132,50017.7%
Parma Heights251931.6%$150,000$140,0007.1%
Brook Park241833.3%$147,500$122,00020.9%

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