The median sale price of a home sold in August 2021 in Richmond Heights rose by $58,000 while total sales increased by 16.7%, according to BlockShopper.com.
In August 2021, there were seven homes sold, with a median sale price of $170,000 - a 51.8% increase over the $112,000 median sale price for the same period of the previous year. There were six homes sold in Richmond Heights in August 2020.
The median sales tax in Richmond Heights for the most recent year with available data, 2019, was $4,409, approximately 2.6% of the median home sale price for August 2021.
The following table compares Richmond Heights to other Cuyahoga County cities with similar median sale prices in August 2021:
| City | Aug. 2021 Home Sales | Aug. 2020 Home Sales | % change (Total Home Sales) | Aug. 2021 Median Sales Price | Aug. 2020 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| University Heights | 22 | 39 | -43.6% | $186,000 | $167,500 | 11% |
| Cleveland Heights | 41 | 93 | -55.9% | $180,000 | $125,000 | 44% |
| Shaker Heights | 31 | 58 | -46.6% | $177,500 | $178,500 | -0.6% |
| North Royalton | 21 | 44 | -52.3% | $176,220 | $246,500 | -28.5% |
| Berea | 16 | 25 | -36% | $171,450 | $154,000 | 11.3% |
| Richmond Heights | 7 | 6 | 16.7% | $170,000 | $112,000 | 51.8% |
| Bedford Heights | 6 | 9 | -33.3% | $169,500 | $90,100 | 88.1% |
| Lyndhurst | 14 | 24 | -41.7% | $169,000 | $154,700 | 9.2% |
| Brook Park | 11 | 23 | -52.2% | $157,000 | $144,000 | 9% |
| Parma | 71 | 130 | -45.4% | $151,600 | $140,500 | 7.9% |
| Brooklyn | 8 | 20 | -60% | $150,500 | $138,000 | 9.1% |
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