Solon median home prices rose by 10% in April 2021

Medium realestate4

The median sale price of a home sold in April 2021 in Solon rose by $29,000 while total sales decreased by 45.7%, according to

In April 2021, there were 19 homes sold, with a median sale price of $320,000 - a 10% increase over the $291,000 median sale price for the same period of the previous year. There were 35 homes sold in Solon in April 2020.

The median sales tax in Solon for the most recent year with available data, 2019, was $7,187, approximately 2.2% of the median home sale price for April 2021.

The following table compares Solon 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)
Chagrin Falls114175%$549,000$317,50072.9%
Gates Mills23-33.3%$505,000$500,0001%
Valley View52150%$355,000$73,480.50383.1%
Highland Heights710-30%$320,000$235,50035.9%
Bay Village2326-11.5%$302,000$257,45017.3%
Rocky River382458.3%$286,500$265,4008%

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