Rocky River median home prices fell by 14.8% in August 2021

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The median sale price of a home sold in August 2021 in Rocky River fell by $42,000 while total sales decreased by 31.3%, according to BlockShopper.com.

In August 2021, there were 22 homes sold, with a median sale price of $241,500 - a 14.8% decrease over the $283,500 median sale price for the same period of the previous year. There were 32 homes sold in Rocky River in August 2020.

The median sales tax in Rocky River for the most recent year with available data, 2019, was $6,098, approximately 2.5% of the median home sale price for August 2021.

The following table compares Rocky River to other Cuyahoga County cities with similar median sale prices in August 2021:

CityAug. 2021 Home SalesAug. 2020 Home Sales% change (Total Home Sales)Aug. 2021 Median Sales PriceAug. 2020 Median Sales Price% change (Median Sales Price)
Walton Hills14-75%$269,919$168,00060.7%
Beachwood1316-18.8%$260,000$309,375-16%
Strongsville3950-22%$260,000$240,5008.1%
Fairview Park1726-34.6%$245,000$189,40029.4%
Lakewood4678-41%$244,000$228,0007%
Rocky River2232-31.3%$241,500$283,500-14.8%
Seven Hills1424-41.7%$227,500$187,50021.3%
Middleburg Heights1324-45.8%$220,000$179,50022.6%
Bay Village341-92.7%$220,000$290,000-24.1%
Olmsted Falls12119.1%$215,544.50$140,00054%
North Olmsted3345-26.7%$200,000$194,0003.1%

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