From July through December of 2017, there were 3,535 homes sold, with a median sale price of $36,000 - a 28.6% increase over the $28,000 median sale price for the same period of the previous year. There were 3,092 homes sold in Cleveland in the second half of 2016.
The median sales tax in Cleveland for the most recent year with available data, 2016, was $1,682, approximately 4.7% of the median home sale price for the second half of 2017.
The following table compares Cleveland to other Cuyahoga County cities with similar median sales prices in the second half of 2017:
City | July - Dec. 2017 Home Sales | July - Dec. 2016 Home Sales | % change (Total Home Sales) | July - Dec. 2017 Median Sales Price | July - Dec. 2016 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
South Euclid | 331 | 247 | 34% | $85,000 | $75,000 | 13.3% |
North Randall | 3 | 4 | -25% | $72,402 | $73,950 | -2.1% |
Bedford | 134 | 119 | 12.6% | $61,500 | $62,000 | -0.8% |
Euclid | 538 | 424 | 26.9% | $53,100 | $46,333.50 | 14.6% |
Garfield Heights | 413 | 357 | 15.7% | $51,200 | $39,000 | 31.3% |
Highland Hills | 5 | 4 | 25% | $50,000 | $93,575 | -46.6% |
Warrensville Heights | 99 | 74 | 33.8% | $45,000 | $30,000 | 50% |
Newburgh Heights | 18 | 21 | -14.3% | $42,900 | $30,000 | 43% |
Maple Heights | 256 | 280 | -8.6% | $40,000 | $33,167 | 20.6% |
Cleveland | 3,535 | 3,092 | 14.3% | $36,000 | $28,000 | 28.6% |
East Cleveland | 70 | 101 | -30.7% | $18,250 | $11,000 | 65.9% |