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Cleveland Reporter

Saturday, April 19, 2025

Cleveland home prices rise in the second half of 2018

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The median sale price of a home sold in the second half of 2018 in Cleveland rose by $6,500 while total sales increased by 0.8%, according to BlockShopper.com.

From July through December of 2018, there were 3,563 homes sold, with a median sale price of $42,500 - a 18.1% increase over the $36,000 median sale price for the same period of the previous year. There were 3,535 homes sold in Cleveland in the second half of 2017.

The median sales tax in Cleveland for the most recent year with available data, 2016, was $1,682, approximately 4% of the median home sale price for the second half of 2018.

The following table compares Cleveland to other Cuyahoga County cities with similar median sales prices in the second half of 2018:

CityJuly - Dec. 2018 Home SalesJuly - Dec. 2017 Home Sales% change (Total Home Sales)July - Dec. 2018 Median Sales PriceJuly - Dec. 2017 Median Sales Price% change (Median Sales Price)
South Euclid315331-4.8%$85,000$85,0000%
Bedford113134-15.7%$78,000$61,50026.8%
North Randall4333.3%$71,400$72,402-1.4%
Highland Hills45-20%$67,550$50,00035.1%
Euclid5475381.7%$65,000$53,10022.4%
Garfield Heights386413-6.5%$58,600$51,20014.5%
Maple Heights31525623%$50,000$40,00025%
Warrensville Heights7999-20.2%$50,000$45,00011.1%
Newburgh Heights19185.6%$50,000$42,90016.6%
Cleveland3,5633,5350.8%$42,500$36,00018.1%
East Cleveland887025.7%$24,500$18,25034.2%

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