April 2021: Shaker Heights experienced a 14.3% increase in median home prices

Medium realestate3

The median sale price of a home sold in April 2021 in Shaker Heights rose by $30,000 while total sales increased by 3.8%, according to BlockShopper.com.

In April 2021, there were 55 homes sold, with a median sale price of $240,000 - a 14.3% increase over the $210,000 median sale price for the same period of the previous year. There were 53 homes sold in Shaker Heights in April 2020.

The median sales tax in Shaker Heights for the most recent year with available data, 2019, was $8,387, approximately 3.5% of the median home sale price for April 2021.

The following table compares Shaker 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)
Rocky River382458.3%$286,500$265,4008%
Shaker Heights55533.8%$240,000$210,00014.3%
Olmsted Township912-25%$235,000$241,000-2.5%
Fairview Park201625%$230,000$171,00034.5%
University Heights2833-15.2%$223,500$165,00035.5%

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